Glossary


A | B | C | D | E | I | L | M | O | P | R | S | T | U

A

access set
A group of sales orders that pricing processes. For example, if you choose Vision Operations Business Unit Set for the access set, then pricing only processes sales orders that reference the Vision Operations business unit.
accounting method
A set of journal entry rules which determine how a subledger journal entry is created for each event class or event type.
adjustment basis
A calculation that uses the value of a pricing entity, such as list price or installation charge, to calculate an adjustment according to percent. For example, multiply the list price of $500 by an adjustment amount of 10%. For another example, multiply the installation charge of $50 by an adjustment amount of 10%.
approval rule
A statement that specifies an IF THEN condition. The condition determines how and when to route a sales order through sales order approval. For example, if the order total is greater than $10,000, then get approval from an order manager.
attribute
The property of a sales order, order line, fulfillment line, or orchestration process. Customer and Ship-To Address are each an example of an attribute of a sales order. Quantity is an example of an attribute of an order line. Actual Start Date is an example of an attribute of an orchestration process. Jeopardy Score is an example of an attribute of a fulfillment line.

B

business unit
A unit of an enterprise that performs one or many business functions that can be rolled up in a management hierarchy.

C

catalog line
Area in the Order Lines tab on the Create Order page in order management that you can use to search for an item before adding it as an order line.
charge candidate
A charge that matches the item, unit of measure, business unit, and line type. It's a candidate instead of a charge because the search might return more than one item that meets the search criteria.
configure option
A child component of a configured item. A desktop computer is an example of a configured item. The hard drive, monitor, and mouse are each an example of a configure option. You can choose the value for a configure option from a list of available options.
configured item
An item that includes one or more configure options that you can configure. A desktop computer where you choose the hard drive, monitor, and mouse is an example of a configured item. The hard drive, monitor, and mouse are each an example of a configure option.
cost element
A cost that you can associate with an item so that you can monitor the cost through the inventory and accounting life cycle. For example, you can monitor the material cost, overhead cost, and tax cost of an item. You can monitor each of these costs as a separate cost element.
cost list
A list of cost charges that you associate with an item.
cost plus pricing
A pricing technique that adds together the costs you associate with an item, such as material cost, labor cost, and overhead cost, and then adds the sum of these costs to the markup percent that you specify. Use it to specify a profit margin so pricing can determine the price of the item that it must use to meet the margin.
cost-to-serve
Profitability of a customer account according to business activities and overhead costs that your company incurs to service this customer.
coverage item
An item that adds value by providing coverage for another item. For example, a six month warranty is a coverage item for a laptop computer, and the laptop computer is the covered item. Extended Warranty, Service Level Agreement, and Software Maintenance are each an example of a coverage.
covered item
An item that a coverage item covers. For example, a six month warranty is a coverage item for a laptop computer, and the laptop computer is the covered item.
currency conversion for general ledger
Converting one currency to another currency in the general ledger, such as converting the Chinese Yuan Renminbi to the United States Dollar. If you set up the from currency and the to currency, then this conversion gets the currency conversion rate from the conversion list that the general ledger references. You can use this conversion only if you install Oracle Financials General Ledger.
customer rating
Perceived value of a customer to your business regarding their history, future outlook, relationship with your company, and so on.
customer size
Broad categorization of the size of the customer organization, such as total sales, total profits, total assets, or market value. For example, Small, Medium, or Large.
customer value
Value of a customer to your company, as determined by your company requirements.

D

descriptive flexfield
A field you can use to store details that are unique to your company requirements.
dynamic matrix class
A predefined set of condition columns and result columns that pricing uses in a pricing matrix.

E

extensible attribute
Attribute that you set up to store details about an item. These details are unique to your business requirements.
extensible flexfield
Expandable fields that you can use to capture multiple sets of information in a context or in multiple contexts. Some extensible flexfields let you group contexts into categories.

I

import file
Flat file you use as an interface between your source system and order management. You copy source orders into the file, then use a scheduled process to import orders from the import file into order management.
item
A product you add to a sales order. Order management displays items in the Item column when you add an order line to a sales order. For example, items for a company that sells hardware might include nuts, bolts, and screws. Items for a company that sells computers might include hard drives, computer monitors, and desktop computers. Items for a wireless service provider might include service plans, international calling services, and instant messaging services. Items for an insurance company might include fire insurance.
item validation organization
Inventory organization that order management uses to identify items that it displays and validates for a business unit. The inventory organization typically identifies a warehouse.

L

lookup
Value that an Oracle application displays in a list of values. This list typically allows the user to choose a single value, such as in a drop-down list. The application uses various logic to search for the lookup values that it displays.

M

matrix class
Declarative framework that you can use to set up the conditions and results you specify when you add a pricing matrix to a pricing entity.
matrix type code
Unique abbreviation that identifies a pricing matrix type.

O

Order Entry Specialist
Job role that allows an end-user to create and manage sales orders in the Order Management work area.
order import template
A template you can use to structure your source data so you can import it into order management.

P

predefined
An object, integration, or configuration that comes already defined with an Oracle application and is ready to use with little or no modification.
price breakdown
The separation of a total price into separate price elements. For example, Pay Now is a total price, and total list price, discount, total net price, shipping, total tax, and total credit are each a separate price element.
price element
A pricing entity that pricing uses to calculate price. List price, net price, and profit margin are each an example of a pricing entity.
price list
A collection of prices for items that you target for a set of customers, and for a period of time. Use it to capture the base list price and other adjustments for each item.
price periodicity
A charge for an item according to a period of time that recurs on a regular basis, such as day, month, or year.
pricing algorithm
A set of rules that uses conditional logic, variables, functions, and code to manipulate data that affects pricing in a service data object (SDO). For example, adding a value to the Quantity attribute in the SDO.
pricing candidate
An object in pricing that a pricing algorithm analyzes to determine whether it can use the object. A charge candidate and a discount list candidate are each an example of a pricing candidate. The algorithm uses criteria to determine whether the object is a successful candidate. Assume you create four discount lists on the Corporate pricing strategy. At run time, the algorithm is pricing a discount for item AS10000, with unit of measure Each, business unit Vision Operations, and customer Computer Service and Rentals. This customer is on the Corporate strategy so all discount lists on the strategy are candidates. Assume discount list x contains AS10000, Each, and Vision Operations. The algorithm will use list x as the successful discount list candidate when it creates a charge for the item.
pricing charge
The value that pricing calculates for an item or service. An item or service can include one or more pricing charges. For example, an item might include a one-time sale charge, an administration charge, and a handling fee.
pricing charge definition
A definition of the charges that pricing combines to determine the total price for an item. For example, an item might include more than one charge, such as a one-time sale charge, an administration charge, and a handling fee. The pricing charge definition includes these charges.
pricing entity
An object that pricing uses to price an item. A pricing strategy, pricing segment, customer pricing profile, price list, cost list, and discount list are each an example of a pricing entity.
pricing guideline
Rule that you set up for an item, user role, customer detail, or time period that controls modifications to price, net price, margin, and so on.
pricing matrix
A matrix you can use to specify the conditions that pricing uses when it assigns a pricing profile to a pricing strategy according to the pricing segment. Use a pricing matrix to create and apply business rules that help you achieve profitability.
pricing message
A text message that describes each price element that order management displays in the Total dialog, such as Total List Price, Discount, Shipping, Total Tax, and so on. A pricing message can also describe the reason for a sale price violation, how pricing determines a pricing segment, or how it determines a pricing strategy.
pricing objective
The goal of your pricing policies for a customer, such as to create interest about your items, to increase sales volume, or to maintain a market position that you already established.
pricing precedence
Sequential order that pricing uses when it compares price lists, discount lists, cost lists, or currency conversion lists. For example, pricing compares the pricing profile to each row of a pricing segment matrix until it finds a match. If more than one row matches, then pricing uses the row that contains the lowest value in the Precedence attribute. For example, if the first and second row match, and if the first row contains a precedence of 1, and if the second row contains a precedence of 2, then pricing uses the first row.
pricing process assignment
A mapping that specifies the pricing algorithm to run that meets the needs of a pricing operation.
pricing profile
A description that categorizes customers according to common characteristics, such as revenue potential, customer value, size, rating, or cost to serve.
pricing results presentation
A template that specifies how to display each price element in a price breakdown.
pricing rule
Rule that controls how pricing applies a price adjustment on an item. For example, how to apply a discount on the list price of an item.
pricing segment
A group of customers who exhibit similar buying behavior and who react to a pricing strategy in a similar way.
pricing strategy
A set of pricing rules you can set up to achieve a profitability goal for selling and pricing an item.
pricing strategy assignment
An array that creates a relationship between a pricing segment and condition, and a pricing strategy.
pricing term
An entity that pricing uses to calculate price according to the terms of a sales agreement you have with your customer. For example, a pricing term might specify to apply a 10% discount when customer Computer Service and Rentals orders a quantity of 10 or more of item AS54888 during the month of December in the year 2019.
processing constraint
Rule that controls who can change a sales order, what can change in the sales order, and when the change can occur.
profit margin
Price of an item minus the cost that your company incurs to make and sell it.

R

revenue potential
Potential revenue a customer might create for your company. For example, Very High, High, Medium, or Low.
rounding rule
A logical rule that pricing uses to replace a numeric value with some other value that's shorter, simpler, or more explicit.

S

sales order
A contractual document between a sales organization and your customer. You create a sales order in the Order Management work area. Order management also transforms a source order it receives from a source system into a sales order that it can submit to order fulfillment.
scheduled process
A program that you run to process data and, in some cases, generate output as a report.
segment price list
A price list that includes the base prices for each item that a pricing segment references.
service data object
A data structure that doesn't conform to a single programming language. It facilitates communication between applications. It allows a service to call another service without having to conform to the requirements of a single language. A service data object typically includes elements arranged in a tree structure that includes a root and branches, and it allows the calling service to access the data that these elements reference.
service mapping
A pricing entity that specifies a group of entities and attributes that a service can retrieve and update. You can use it to model entities and attributes in a declarative environment without having to write software code. The service mapping allows an application, such as order management, to price an item without having to get the pricing schema that pricing uses.

T

tier basis
A calculation that uses the value of a pricing entity, such as list price or installation charge, to calculate an adjustment according to amount. For example, if a one-time sale charge is greater than $2,000, then apply a 10% discount on the base price.
tier pricing
A technique that uses tiers to adjust price depending on the quantity of items that the customer orders or the monetary value of the sales order. For example, if the customer buys two desktop computers, then use tier 1 to apply a 10% discount. If the customer buys four computers, then use tier 2 to apply a 15% discount.
token
A placeholder for variable content, such as text or a number. An application replaces the token with a value at run time. For example, assume COST_ELEMENT_NAME is a token and its run time value is list price. Assume the design time message is The {COST_ELEMENT_NAME} is less than the floor price. The application displays the message at run time as The list price is less than the floor price.

U

usage charge
A charge according to usage, such as a charge for each phone call.