Bookshelf Home | Contents | Index | PDF     

Pricing Administration Guide > Setting Up Pricing for Products with Components >

Verifying Component Prices Across Time Intervals

Products can have multiple versions with different effective dates. For more information, see Product Administration Guide.

Price lists can have multiple line items for the same product, with different effective dates for the price in each line item. For more information, see Giving a Product Multiple Prices with Different Effective Dates.

The structure of a component-based product may change during a time interval, and the prices of the product and its components may change at different dates during this time interval. It may be necessary to apply the component price adjustments to future versions of the component-based product, which has a different structure. For more information, see Impact of Product Versioning and Price List Line Item Effectivity on Component-Based Pricing.

When you create a new time interval for a product with components in the Administration - Product screen, the component-product price adjustments are copied to the new time interval. However, these adjustments will apply in run time only if the component-product and its components exist in the price list during that same time interval.

You can click the Verify Adjustments button to display a list of the time intervals that have been defined for products with component prices. Check this list to make sure that component prices have been defined for every time interval.

To verify component prices across time intervals

  1. Display the components of the product with components in the Pricing Designer, as described in Viewing a Product's Components in the Pricing Designer.
  2. Select a component in the Pricing Designer list.
  3. Click Verify Adjustments.

    The Reference Prices dialog box appears, listing the Start Date and End Date for all the prices for this product with components. For each time period, it lists the base price and price adjustments, if any.

  4. Check the Reference Prices list to make sure that there are no time gaps when this product does not have a defined price.

Sample Output of Verifying Component Prices Across Time Intervals

As an example of verifying component prices across time intervals, consider a simple product with components:

  • Product A is a product with components.
  • Product A1 is a component of product A.

In the price list, Product A1 has the list prices shown in Table 16.

Table 16. List Prices for Product A1 in the Price List
Start Date
End Date
List Price

12/31/04

6/30/05

$100

7/15/04

12/31/05

$105

Within Product A, there are the price adjustments for Product A1 shown in Table 17.

Table 17. Price Adjustments for Product A1 Within Product A
Start Date
End Date
Adjustment

1/31/05

6/25/05

10% discount

7/15/04

12/31/05

10% markup

When you click the Verify Adjustments button, the pop-up applet contains the information shown in Table 18.

Table 18. Verify Adjustments Output for Product A1
Start Date
End Date
Adjustment
List Price
Item Price

12/31/04

1/31/05

 

$100

$100

1/31/05

6/25/05

10% discount

$100

$90

6/25/05

6/30/05

 

$100

$100

6/30/05

7/15/05

 

 

$0

7/15/05

12/31/05

10% markup

$105

$115.50

This pop-up applet shows the gaps in the pricing information. During several time periods, there is no component price adjustment. Between 6/30/05 and 7/15/05, there is no list price, so the item has a price of zero.

    
Pricing Administration Guide