Rate Plan Setup

1. Create a Price List

   • Navigate to Pricing Administration > Manage Price Lists.

   • Create a new Price List and specify the Business Unit, Currency, and Effective Dates.

2. Add Price List Items

   • Add items for subscription products.

   • Enter item details such as Item Name, Description, and UOM (Unit of Measure).

3. Create a Rate Plan

   • Under the Price List Item, click Create Rate Plan.

   • Provide Rate Plan Name, Description, Start Date, End Date, and Currency.

   • A product can have multiple Rate Plans to support different pricing configurations.

4. Define Rate Plan Charges

   • Under the Rate Plan, create Rate Plan Charges.

   • Select Charge Type as One-Time, Recurring, or Usage.

   • Enter charge attributes such as Pricing Basis, Calculation Type, and Charge Periodicity.

5. Configure Pricing

   • For usage charges, select the Pricing Method as Price, Discount Percent, or Price Override.

   • Define Base Price and select the Pricing UOM.

   • For tiered or volume pricing, add multiple pricing lines with Minimum and Maximum values.

6. Create Adjustment Matrix (if required)

   • Go to Pricing Administration > Manage Matrix Classes.

   • Create a Matrix Class and define Dimensions (for example, Call Type and Destination).

   • Add Matrix Rules with attribute combinations and corresponding Base Prices.

   • Link the Matrix Class to the Rate Plan Charge through Service Mapping.

7. Activate the Rate Plan

   • Review the rate plan setup and validate charge lines.

   • Set the Rate Plan status to Active.

   • The Rate Plan can now be assigned to a subscription offering in Subscription Management.