Define Pricing

You must first set up the pricing strategy for the subscription. The pricing strategy of the subscription is then retrieved when the Business Unit, Legal Entity, Contract Type, Number and Primary Party are entered during subscription creation.

When you add subscription lines, the pricing information is retrieved automatically.

Oracle Subscription Management supports:

• One-time charges, such as activation fees.

• Recurring charges, such as monthly membership charges.

• Usage-based charges, such as monthly cloud storage consumption fee.

The application identifies all the usage-based charges that you define using the charge prefix. You can configure this prefix using the profile option OSS_USAGE_CHARGE_IDENTIFIER.

Use this high-level procedure for quick setup of pricing lines, after your full pricing setups are done in Oracle Supply Chain Management (SCM) Cloud. See the related topics for additional details.

1. Sign in to the application with access to pricing administration.

2. Navigate to the Pricing Administration work area.

3. In the Pricing Rules tab, open the price list to which this item is associated.

4. Create a price list line for a coverage item. Click Associated Items to define unit price and percent price based on covered items.

5. Enter the recurring price details of the item.

6. Create a price list line for a subscription item.

7. Create different charges such as a one-time setup fee, recurring flat monthly fee, or recurring usage-based fee.

Here's a summary of the steps that you need to perform to set up pricing.

Setup	Where you find more information
Create a customer.	The Create and Manage Customers topic in the Subscription Management Setup Checklist chapter
Set up pricing charge definition, charge types, and charge subtypes.	The Manage Pricing Charge Definitions topic in Administering Pricing guide.
Create pricing segment.	The Manage Pricing Segments topic in Administering Pricing guide.
Create customer pricing profile.	The Manage Pricing Profiles topic in Administering Pricing guide.
Create subscription, coverage, and covered asset items.	The Pricing for Covered Items topic in Administering Pricing guide.
Create and approve price lists.	The Manage Price Lists topic in Administering Pricing guide.
Add items to price lists and add one-time, recurring, and usage charges.
Create a pricing strategy. Add price lists with items and charges. Approve pricing strategy.	Manage Pricing Guidelines topic in Administering Pricing guide.
Assign a pricing segment and pricing profile to a relevant pricing strategy.	The Strategies topic in Administering Pricing guide.
For auto adjustments, go to Manage Discount Lists and create a new Discount List, add items with auto adjustment rules and approve. Add Discount List to pricing strategy that's being used.	The Manage Discount Lists topic in Administering Pricing guide.

For details, refer to the Oracle Supply Chain Management Cloud, Administering Pricing guide.