Setting Product Parameters

The Product Parameter window allows Administrators to specify parameters, adjustments and costs which are applicable to a given product-currency combination. You can also specify the floor values of rate and profitability parameters that are applicable for the selected product.

Note: If a new profitability parameter is defined in the Editable Formula window, it appears in the Product Parameter Specification. The expressions defined for the profitability parameter can be mapped to certain product types and if the product that is selected has a particular expression mapped to it then he floor rate for the same is captured in this section. You must capture the floor values for the new formula if you want it to appear when you price the product.

To access this screen, follow these steps:

1.      Click Price Creation and Discovery.

2.      Click Setup.

3.      Select Product Parameters.

The Product Parameter screen has the following sections:

·        Searching a Product Parameter

·        Product Parameter Summary