If you are using the Service module and/or the Cost-plus invoicing feature, you can use prices for labor hours, machine hours, equipment use and external operations. These specific prices can be found in the General Settings module, in the Flexible search paths folder.
The prices in these flexible search paths do have a start date, but not an end date. The prices of a particular year (2014, for instance) are therefore automatically valid in the following year (in this case 2015), unless you define new prices for the new year with a start date in the new year. There is no batch process for updating prices in flexible search paths. You must therefore periodically review the prices yourself and adjust or add them where necessary.
Note
When cost-plus specification lines are created, the 'Price date' of the sales line determines the price. When you are adding new prices to the flexible search paths for the new year, but you want year-specific prices to be used for orders that run over several years, you need to take the following steps for the relevant sales order lines: