Pricing a Service with Adjustments Based On a Primary Covered Product

Pricing administrators can set up service pricing with an adjustment based on the primary product that is covered. For example, there can be a list price for a one-year service agreement, with a 10 percent discount if the agreement covers computer system A and a 15 percent discount if it covers computer system B.

To price a service with adjustments based on a product

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

  2. Add a record to the Service Pricing Details list for each product that the service covers and complete the necessary fields, as described in the following table.

    Field Comments

    Product

    Select the product to which this discount applies.

    Adjustment Type

    Select the type of the adjustment that the discount will apply. Options are Discount Amount, % Discount, Markup Amount, % Markup, and Price Override.

    Target Price

    Select the price to which the discount applies.

    Adjustment Value

    The value in the Adjustment Type field determines how the adjustment value is applied, as follows:

    • If the Adjustment Type is Discount Amount, then the amount in the Adjustment Value field is subtracted from the price.

    • If the Adjustment Type is % Discount, then the amount in the Adjustment Value field is treated as a percentage and is subtracted from the price. For example, if the Adjustment Amount is 10, then 10 percent is subtracted from the price.

    • If the Adjustment Type is Markup Amount, then the amount in the Adjustment Value field is added to the price.

    • If the Adjustment Type is % Markup, then the amount in the Adjustment Value field is treated as a percentage and added to the price.

    • If the Adjustment Type is Price Override, then the amount in the Adjustment Amount field is used instead of the price.