Base Pricing

After you've implemented Oracle Pricing and Oracle CPQ, establish pricing functionality in your Product Workbench by using base pricing.

Your base pricing capabilities include:

• Rate Plans and Charges: Set up rate plans with collections of charges that you can apply to subscription product pricing. See Rate Plans and Charges and Use Rate Plans with Your Subscriptions for details.
• Rate Cards and Rate Card Templates: Set up templates and associated rate cards. Rate cards set invoice amounts on periodic charges. See Rate Cards and Rate Card Templates for details.

  As part of rate card setup, be sure to add any pricing lookups you need. The navigation path in Setup and Maintenance is: Pricing > Pricing Portal > Pricing Lookups > Add Pricing Lookup.

• Charge Definitions: Standardize charge categories with charge definitions. See Charge Definitions for details.
• Sync Oracle CPQ with Oracle Pricing: Sync pricing functions with Oracle Pricing. See the Administration section in Oracle Pricing Integration.

Note: With base pricing, the pricing integration is one-way, from Oracle Pricing to Oracle CPQ. If you add price list support, then you'll get the increased benefit of a two-way sync between the applications.

To enable the price list synchronization, follow the Oracle Pricing Integration information in the Oracle CPQ Pricing Portal.