diff --git a/sales/products_prices/prices/pricing.rst b/sales/products_prices/prices/pricing.rst
index 903dbf438..d09c75f88 100644
--- a/sales/products_prices/prices/pricing.rst
+++ b/sales/products_prices/prices/pricing.rst
@@ -2,11 +2,12 @@
 How to adapt your prices to your customers and apply discounts
 ==============================================================
 
-Have the pricing strategy tailored to your business, with specific prices
-and discounts per quantity, period, currency or customer segment. Odoo has an
-integrated tool to set and compute sales prices, the so-called Pricelists.
+Odoo has a powerful pricelist feature to support a pricing strategy tailored to your business.
+A pricelist is a list of prices or price rules that Odoo searches to determine the suggested price.
+You can set several critarias to use a specific price: periods, min. sold quantity (meet a minimum order quantity and get a price break), etc.
+As pricelists only suggest prices, they can be overridden by users completing sales orders.
+Choose your pricing strategy from :menuselection:`Sales --> Settings`.
 
-Choose your pricing strategy in click on :menuselection:`Sales --> Settings`.
 
 .. image:: ./media/pricing_options.png
    :align: center
@@ -58,9 +59,15 @@ Prices per minimum quantity
 Discounts, margins, roundings
 =============================
 
-The third option allows to apply discounts % or amounts, margins and
-rounding based on formulas. Once installed go to
-:menuselection:`Sales --> Configuration --> Pricelists
+The third option allows to set price change rules. 
+Changes can be relative to the product list/catalog price, the product cost price, 
+or to another pricelist. Changes are calculated via discounts or surcharges and can be 
+forced to fit within floor (minumum margin) and ceilings (maximum margins). 
+Prices can be rounded to the nearest cent/dollar or multiple of either 
+(nearest 5 cents, nearest 10 dollars). 
+
+Once installed go to
+:menuselection:`Sales --> Configuration --> Pricelists`
 (or :menuselection:`Website Admin --> Catalog --> Pricelists` if you
 use e-Commerce).