Creating Ad Hoc Product Lines

This section discusses how to create ad hoc product lines.

Page Name

Definition Name

Usage

Create Adhoc Product Page

CA_PROD_ADHOC

Create ad hoc product lines for use on the contract.

Use the Create Adhoc Product page (CA_PROD_ADHOC) to create ad hoc product lines for use on the contract.

Navigation:

Customer Contracts, Create and Amend, General Information, Contract - Lines, click the Add Contract Lines button on the Contract - Lines page, and then click Create Adhoc Product on the Add Contract Lines page.

This example illustrates the fields and controls on the Create Adhoc Product page. You can find definitions for the fields and controls later on this page.

 Create Adhoc Product page

Enter a name and description for the ad hoc product. Enter other pertinent information for the ad hoc product line:

Field or Control

Description

Product Group

Select a product group for the ad hoc contract line.

Price Type

Select a price type for the ad hoc contract line. Values are Amount, Percentage, and Rate. You cannot create recurring ad hoc contract lines.

When you add an adhoc product with price type of Percent and opt to price the line as a % of Total, the billing amount is calculated based on the total fixed billing amount for the contract and the revenue amount is calculated based on the total fixed revenue amount.

Revenue Method

Select a revenue method. Values are Apportionment, As Incurred, Billing Manages Revenue, Milestone, and Percent Complete.

Note: Billing Manages Revenue is not permitted on contracts that separate fixed billing and revenue.

Percentage

If the price type is Percentage, enter the default percentage for the contract line.

Applies to

If the price type is Percentage, select the parameter for the value that you entered in the Percentage field. Values include:

  • % of Contract Lines: Indicates that the pricing for this contract line is calculated as a percentage of the sum of the revenue amounts of one or more contract lines.

  • % of Total Contract Amount: Indicates that the pricing for this contract line is calculated as a percentage of the total contract revenue amount.

Product Tax Group

Product tax groups help you identify specific related tax charge information associated with individual charge codes when you take advantage of either of the third-party tax solutions that the PeopleSoft system supports—Taxware or Vertex. Tax Group is not required.

Note: Product tax groups are not used if you install the delivered PeopleSoft Billing tax solution.

Transaction Type

(Optional) If you have Taxware or Vertex installed, select a transaction type.

Transaction Sub Type

(Optional) If you have Vertex installed, select a transaction subtype.

Renewable

Select to create a renewable ad hoc product.

Renewal Action

Select a renewal action for the ad hoc product. This field appears on the page only if you select the Renewable check box. Values include:

  • Automatic: The contract line can be automatically renewed from the Renewal batch process or the Renewal Management page.

  • Manual: You must manually renew this contract line from the contract or the Renewal Management page. This line cannot be renewed from the Renewal batch process.

Third Party Product

Select this check box if you are using third-party software for the ad hoc line.