1. Implementing Subscription Management
  2. Set Up Pricing for Coverage Items

Set Up Pricing for Coverage Items

Percentage-based pricing lets you price a coverage item as a percentage of the price of the item that it covers.

Set up pricing for the asset item:

  1. Sign into 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 the item is associated with.
  4. Create a price list line for a coverage item. Click Associated Items to define unit price and percentage price based on covered items.
  5. You can add one-time and recurring charges, as needed, using unit price or percentage price calculation methods for various coverage UOMs.