Running the Pricing Application Engine Process
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
PC_PRICING |
Run the Pricing process to price or reprice transactions. |
Use the Pricing page (PC_PRICING) to run the Pricing process to price or reprice transactions.
Navigation:
This example illustrates the fields and controls on the Pricing page. You can find definitions for the fields and controls later on this page.
Field or Control |
Description |
|---|---|
Transaction Detail |
Click to access the Transaction List page to view the transactions. |
Application Options
Field or Control |
Description |
|---|---|
Reprice Rows |
Select to reprice transactions in the Project Transaction table. You can reprice transactions that have not been sent to GL, have not been billed or sent to PeopleSoft Asset Management, are not linked to an asset, or have not been used for fee calculations in PeopleSoft Contracts. When you reprice rows, the Pricing process calls the Tiered Pricing, Limits, and Sharing processes, in that order. Note: If a cost row generated one or more billing or revenue rows and if any of the rows in the process exist on billing or revenue fee worksheets, none of the other rows that are associated with the original cost row are eligible for repricing. |
Price Unpriced Rows |
Select to price unpriced cost rows in the Project Transaction table that were not previously priced by the Pricing process. Note: You cannot select this option to run the Pricing process if any source transaction row on the run control has been priced for any combination of cost, billing, or revenue. You can, however, select the Reprice Rows option as these source transaction rows are eligible for repricing. |
Recalculate Tiered Pricing |
Select to recalculate quantities that are eligible for tiered pricing if the original tiered pricing agreements change. When you select this option, the system selects the Reprice Rows option because repricing is required to recalculate tiered pricing inception-to-date amounts. Transactions that are already processed by PeopleSoft Billing or PeopleSoft General Ledger are not repriced or adjusted using a different tiered pricing adjustment; however, quantities from the source rows will be included in the correct tier so that the inception-to-date amount reflects these quantities. |
Pricing Options |
Select Cost (indirect and direct), Billing, Revenue, or any combination, to tell the system what kind of rows to create from the source transactions. The pricing options correspond to the rate definition types that are assigned to rate sets. Note: The pricing engine checks to see if the Separate As Incurred Billing and Revenue check box is selected on the contract to determine if revenue rows can be created or not. If you choose a run control option of Business Unit, Business Unit/Project, or Business Unit/Project/Activity, the options that appear by default in the Pricing Options group box are based on the pricing options that are selected for the business unit. You can override the business unit default pricing options on the run control page. |
Contract |
Enter a contract ID, if applicable, to provide additional transaction search criteria. |
Contracts Business Unit |
Enter a contract business unit, if applicable, to provide additional transaction search criteria. |
Sold to Customer |
Enter a contract sold to customer, if applicable, to provide additional transaction search criteria. |
Contract Classification |
Enter a contract classification, if applicable, to provide additional transaction search criteria. |
When you use the Pricing page to price or reprice transactions for activities that are associated with fixed fee contract lines, do not enter any contract related information in the Application Options group box. Activities associated with fixed fee contract lines are treated as Project Costing related pricing; therefore, entering contract related information prevents the system from picking up fixed fee data for pricing.
Note: This run control page is used to process transactions from all contract classifications. If you want to initiate the Pricing process for a specific set of contracts, such as government contracts, you must enter search criteria such as project, activity, contract classification, and so on, to identify the transactions to include in this run control.