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Creating Pricing Rule Components

You can create pricing formula components that are used in pricing rules. A component can be composed of one to five pricing parameters. Pricing parameters include the item, individual segments of the Item Flexfield, or any defined pricing attributes.

For example, you have an item with three segments: Part Number, CPU, and Operating System. For purposes of pricing, you might combine CPU and Operating System into one pricing formula component called Platform. You might also have a pricing attribute called Number of Users that you define as a pricing formula component also called Number of Users. Both Platform and Number of Users can be used as components in a pricing rule.

Prerequisites

   To create a pricing component:

See Also

Overview of Pricing

Defining Pricing Rules

Updating Rule Prices


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