Pricing a Service as a Percentage of a Covered Product

A service can be priced as a percentage of the covered product. Alternatively, there can be a list price for the service, and a percentage of the covered product is added to this list price.

To set up service pricing as a percentage of the covered product

  1. Add the service price line item, as described in Adding Price List Line Items for Service Products.

  2. Complete the fields in the Service Pricing Details form as described in the following table.

    Field Comments

    Service Pricing Method

    Select Net Price of List Price to determine whether the service price is a percentage of the net of list price of the covered product.

    Service Price %

    Enter the percentage of the covered product’s price to use as the service price.

    List Price

    Enter a list price for the service product.