Siebel Hospitality Guide > Setting Up Pricing and Property Pricing >
Setting Up Price Lists
An administrator can create price lists to set prices for event order line items. Each price list can specify more than one kind of pricing, for example, list price, promotional price, and so on. Using Siebel Hospitality, price lists can be set up for use by properties. When you create a price list, it can be associated with a property and can be used to price products associated with that property. Orders are typically associated with the default price list of the property. This task is a step in Process of Setting Up Product and Property Pricing. To set up a price list
- Navigate to the Administration - Pricing screen, then the Price Lists view.
- In the Price Lists list, create a new record and enter a value in the Name field.
- In the new record form, click the Show More button, complete the fields and save the record.
The following table describes some of the fields.
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Aggregate Discount Sequence |
Specify the Aggregate Discount Sequence for all the line items associated with the price list. For more information about setting up aggregate discounts, see Siebel Pricing Administration Guide. |
Cost List |
Select the cost list to associate with this price list. For more information about cost lists, see Siebel Pricing Administration Guide. |
Currency |
The currency of the price list. The field is automatically populated and Default value is the currency of the application when a new price list is created. |
Description |
Description of the price list. |
Effective From |
The beginning date the price list is in effect. The current date and time is automatically populated by default when a new price list is created. |
Effective To |
The last date the price list is in effect. After this time, orders, line items, and so on relying on this price list cannot access data in this price list. |
Name |
The name of the price list. |
Organization |
Set this field to the property associated with the price list. NOTE: If you do not select a property in this field, the price list will not be associated with any property.
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Payment Terms |
Select one default set of payment terms to be associated with this price list. This selection appears as the default data for Payment Terms when a user creates a Quote or Order using this price list. For more information about payment terms, see Siebel Pricing Administration Guide. |
Pricing Procedure |
Select a custom pricing procedure. The pricing logic in this procedure will be applied to all the line items in the price list. For more information about pricing procedures, see Siebel Pricing Administration Guide. |
- Select the new price list record and click the link in the Name field.
- In the Price List Line Items list, click New and add a product to the price list.
NOTE: The following steps assume the products are already defined. If not, see Process of Setting Up Hospitality Products.
- Add a minimum and maximum price for the price list line item in the Minimum Price and Maximum price fields.
- Provide information in the remaining fields of the Price List Line Items list.
For descriptions of these fields, see Siebel Pricing Administration Guide.
Repeat Step 5 through Step 7 for each product you add. For general information about price lists, see Siebel Pricing Administration Guide.
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