Price Matrices are an advanced pricing concept used to define tiered pricing paradigms or complex pricing structures with multiple criteria. Common examples are pricing tiers for a product based on user count or particular customer or transactional dimensions.

• Creating Price DimensionsPrice Dimensions are an important concept in order to link any field within Salesforce into the pricing tables. Any field that will determine a pricing adjustment such as Quantity, Term, and more, needs a dimension created for it.
• Creating Price MatricesThese are an advanced pricing concept used to define tiered pricing paradigms or complex pricing structures with multiple criteria. Common examples are pricing tiers for a product based on user count or particular customer or transactional dimensions. A price list can have more than one price matrix.