Manage Pricing Charge Definitions

Create a pricing charge definition that defines the charges Oracle Pricing combines to determine the total price for an item.

An item might include more than one charge, such as a one-time sale charge and an administration charge. You can create a pricing charge definition that adds a handling fee to this item.

You reference a pricing charge definition from a pricing rule that you create in the Pricing Administration work area. For examples, see Manage Price Lists and Manage Cost Lists.

Manage pricing charge definitions.

  1. Make sure you have the privileges that you need to administer Order Management.

  2. Go to the Setup and Maintenance work area, then go to the task.

    • Offering: Order Management

    • Functional Area: Pricing

    • Task: Manage Pricing Charge Definitions

  3. On the Manage Pricing Charge Definitions page, in the Search area, set Active to Yes, then click Search.

  4. Examine the pricing charge definitions that come predefined with Pricing, such as for price, shipping, freight, handling, insurance, or returns.

    To reduce maintenance, use a predefined pricing charge definition instead of creating a new one.

  5. If you can't locate a pricing charge definition that meets your requirements, then click Actions > Add Row, then set the values.

    Attribute

    Description

    Code

    Enter an abbreviated text that describes how you plan to use this pricing charge definition.

    Use this format.

    • Use all upper case letters.
    • Use only alphabetic text. Don't use an alphanumeric or numeric value.
    • Don't use the QP prefix.
    • Don't include any spaces.
    • Include no more than 30 characters.
    • User the underscore ( _ ) character to separate words.

    For example, VISION_RECURRING_SALE_PRICE.

    Name Enter some user friendly text that describes how you plan to use this pricing charge definition. For example, Recurring Sale Price for Vision Factory 5.

    Applies To

    Apply the pricing charge definition to a price charge, return charge, or a shipping charge.

    Price Type

    Choose One Time or Recurring to specify how Pricing uses the charge for the item. Use Recurring for a charge that recurs, such as a subscription.

    Charge Type

    Choose the type of charge that Pricing uses for the item.

    • Sale. For a tangible item, such as a computer monitor.

    • Service. For a service, such as performing service on a computer monitor.

    • Freight. For freight charges, such as the charges incurred to ship an item.

    Charge Subtype

    Provide details about the charge, such as whether the charge is a Price or a Fee. For example, a service charge might include an installation charge and a delivery fee.

    Price Periodicity UOM Class

    Specify the UOM class that Pricing uses when it applies a recurring charge. For example, Time.

    Tax Charge Type

    Specify how to use this pricing charge definition for tax purposes, such as Commercial discount, Freight charge, Insurance charge, Miscellaneous charge, or Packing charge.

    Refundable

    Add a check mark to allow Pricing to refund the charges that this pricing charge definition references.

    For example, enable this option to refund freight charges when you create a return order. If you don't enable it, you can still create a return but the order total on the return won't include freight charges from the original order.

    Setup Enabled

    Add a check mark to associate the pricing charge definition with pricing entities.

    • If the Active option contains a check mark, and if the Setup Enabled option doesn't contain a check mark, then the pricing charge definition can use the pricing entities that it currently references, but you can't associate other pricing entities with the pricing charge definition.

    • If you must disable a pricing charge definition but must not delete it because historical data continues to use it, then remove the check mark from Setup Enabled. Pricing will prevent you from assigning a pricing charge definition to a pricing entity in the Pricing Administration work area, but the pricing charge definition will remain active so it can support records that contain historical data.

    Active

    Add a check mark to make the pricing charge definition available for use.

    Make sure the Setup Enabled option and the Active option each contain a check mark so Pricing can use the pricing charge definition at runtime.

    Calculate Margin

    Add a check mark to calculate the profit margin for the pricing charge definition.