Transaction Identifiers
Tiered pricing enables you to adjust the rate applied to cost transactions during the Pricing Application Engine process (PC_PRICING) based on quantities that accumulate against a contract line. This type of pricing applies to rate-based, contract-line processing only. Implementing tiered pricing requires that you create 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.
Transaction limits, another feature that is available if you use PeopleSoft Contracts, also requires the use of transaction identifiers. Transaction identifiers enable you to apply specific limits to transactions with Project Costing ChartField values that match the contents of the transaction identifier for a specific contract line.
Note:
You must use PeopleSoft Contracts to implement the Tiered Pricing and Transaction Limits features.