1. Administering Pricing
  2. Set Up Oracle Pricing

Set Up Oracle Pricing

Use a pricing parameter to manage behavior that applies across Oracle Pricing.

Manage Pricing Parameters

Each pricing parameter comes predefined with Oracle Pricing. You can't create or delete a pricing parameter, but you can modify a parameter value.

Try it:

  1. Go to the Setup and Maintenance work area, then go to the Manage Pricing Parameters task.

  2. On the Manage Pricing Parameters page, modify the parameters, as necessary:

    Pricing Parameter

    Description

    Algorithm Exception Details

    If a pricing algorithm fails because an exception happens at runtime, then an error message describes the error. For example, an error message in the Order Management work area.

    You can use this parameter to control how much detail you want to display in the message.

    Set it to:

    • Summary. Display only a summary of the error in the error message.
    • Full. Display all details about the error in the error message.

    All details can include a lot of information that you don't typically need, so we recommend that you set it to Full only when you need to troubleshoot a problem.

    Default Price Periodicity UOM Class

    Set the UOM class that Pricing uses to display the default value for frequency attributes in the Pricing Administration work area.

    Pricing uses this default value for each recurring charge or usage charge for frequency attributes.

    For example, set the Default Price Periodicity UOM Class parameter to Time to use time values, such as Weekly, Monthly, or Per Quarter.

    For details about frequency, see Manage Pricing Charge Definitions.

    Item Validation Organization

    		 See the section later in this topic.
    Maximum Number of Child Processes Specify the maximum number of child scheduled processes to run when you import pricing data. See Import Price Lists.
    Primary Catalog Select the catalog that contains the categories you want to use to price an item.

    You can set the Primary Catalog parameter only to a catalog that's in the Product Catalogs parameter. If the list of values for the Primary Catalog doesn't have the catalog you need, then add that catalog to the Product Catalogs parameter, then set the Primary Catalog.

    Product Catalogs

    Select the catalog that you want Pricing to use when it calculates the price, adjustments, and cost for each item.

  3. Click Save.

  4. Consider the Order Management parameters that affect pricing. See Manage Order Management Parameters.

Item Validation Organization

Set the item validation organization that Pricing uses for each business unit when it validates an item:

  • Pricing filters the items that it displays according to the item validation organization that you select. For example, if you select Vision Operations as the business unit, and V1 as the Organization, then Pricing only displays items that are part of the V1 organization when you create a pricing entity in the Pricing Administration work area.

  • Product Management associates each inventory organization with a business unit, and it determines the values that you can select for the organization. For details about how to set up Product Management, see Implementing Common Features for Oracle SCM.

  • If you don't specify at least one item validation organization, then you can't view items in the Pricing Administration work area.

You must specify All Business Units in the Business Unit attribute for at least one organization. For example:

Business Unit Organization
All Business Units Vision Operations

If you need a different item validation organization for a specific business unit, you can add it. For example:

Business Unit Organization
All Business Units Vision Operations
Singapore Distribution Center Singapore Distribution Center

Set Up Pricing's Landing Page

Use Pricing Administration's redesigned landing page as the starting point to manage your pricing rules. Get a summary of your price lists and modify the page to meet your needs:

  • Use a personalized, intuitive experience to manage price lists across business units.
  • Navigate quickly to important tasks through the Price Lists, Discount Lists, Pricing Promotions, Cost Lists, and Price Books tabs.
  • Customize the landing page to efficiently do tasks the way you like to do them.

Try It

  1. Go to Home Page > Order Management > Pricing Administration > All Business Units, then select your business unit to filter your price lists. If you have access to more than one business unit, then the page displays price lists for all business units.
  2. Click Price Lists to get details:
  • View price lists for each business unit or all business units that you can access.
  • Search for a price list or filter them according to currency, an item, or status.
  • View details, such as the Name, Descriptions, Currency, Start Date, End Date, and Status.
  • Click a price list to examine details.
  • Sort price lists.

You can use a guided journey to display useful details, such as policy documents, offers, and FAQs that can help you manage your pricing.

Set Up

  1. Go to Home > My Enterprise > Setup and Maintenance > Manage Administrator Profile Values, then enable these profile options:
  • Redwood Page for Pricing Administration Landing Enabled
  • Redwood Page for Price Lists Enabled
  • Redwood Page for Discount Lists Enabled
  • Redwood Page for Cost List Enabled
  1. Optional. Opt in to the Redwood: Set Up Approval Flows for Price Lists feature to display the Approvals tab.
  2. Optional. Opt in to the Redwood: Create Price Books to Price Sales Orders feature to display the Price Books tab.

For more, see Redwood: Use Pricing Administration's New Landing Page.

Related Topics