17.2 Defining Product Characteristic Rules

The definition of a Product Characteristics rule is part of the Create or Edit Product Characteristics rule process. When you click Save in the Create Product Characteristics rule process, the rule is saved and the Product Characteristics rule summary page is displayed. However, Product Characteristic assumptions have not yet been defined for any of your products at this point. Typically, you would start defining your Product Characteristic assumptions for product-currency combinations before clicking Save.

Defining Product Characteristics Using Node Level Assumptions

Node Level Assumptions allow you to define assumptions at any level of the Product dimension Hierarchy. The Product dimension supports a hierarchical representation of your chart of accounts, so you can take advantage of the parent-child relationships defined for the various nodes of your product hierarchies while defining rules. Children of parent nodes on a hierarchy automatically inherit the assumptions defined for the parent nodes. However, assumptions directly defined for a child take precedence over those at the parent level.

The prerequisite is performing basic steps for creating or editing a Product Characteristics rule.