Tiered Pricing

Tiered pricing enables you to adjust the rate that the system applies to cost transactions during the Pricing process based on quantities that accumulate against a contract line. This type of pricing applies to rate-based, contract line processing only.

Tiered pricing requires the use of transaction identifiers, which are similar in concept to using analysis groups. Transaction identifiers provide users with the flexibility to identify and group project ChartField values and eliminate the need to identify the ChartField values each time they define tiered pricing for a new contract line.

Note:

To implement tiered pricing, you must install PeopleSoft Contracts. Contracts with a Government classification and transactions created from Variance Pricing are not eligible for tiered pricing.