Siebel Pricing Administration Guide > Creating and Assigning Price Lists >

About Setting Up Service Pricing

You can set up service pricing in two ways:

• Price the service as a percentage of the covered product. For example, a one-year warranty can be priced at 10% of the price of the computer system that it covers. For information about how to do this, see Setting Up Service Pricing as a Percentage of a Covered Product.
• Price the service with adjustments based on a primary covered product. The price of the service can be equal to the list price of the service with a price adjustment based on the product that is covered. For information about how to do this, see Setting Up Service Pricing with Adjustments Based on a Covered Product.

In either case, the service pricing is triggered when the end user creates a quote or order and associates the service to the covered product.

NOTE:  You must enable the Dynamic Pricing Procedure to use service pricing. For information about enabling the Dynamic Pricing Procedure, see Switching from Basic to Dynamic Pricing Procedure.