Siebel Order Management Guide Addendum for Industry Applications > Employee Use of Order Management >
Setting Up a Product with Recurring Prices
If needed, administrators can perform the following procedure to set up a product with recurring prices. To set up a product with recurring prices
- Navigate to the Products view of the Product Administration screen.
- In the Products list, select the desired product.
NOTE: A check mark in the Service Instance check box identifies the product as a service.
- Confirm that Price Type is set to Recurring.
- Confirm that UoM (unit of measure) is set to Per Month.
- In the More Info form, click the Show More button.
- Locate the # of Revenue Occurrences field and enter the desired number of periods.
Some fields are described in the following table:
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# of Revenue Occurrences |
Number of periods for which revenue is expected for the service or product. For example, if a phone line is expected to be leased for 2 years and charged on a per-month basis, the number of revenue occurrences would be 24. |
Service Instance |
Flag to indicate that the product requires a service point. |
Ship |
Flag to indicate that the product requires shipping to the customer. |
Track As Asset |
Flag to indicate that the product should be tracked as an asset. These are the items that will appear in the customer's service profile. |
UoM |
Unit of measure associated with the price of the item. |
Auto Explode |
Flag to indicate that the product must be exploded or ungrouped. |
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