Associating a Price Item or Price Item Bundle with a Division

On associating a price item with a division, you can assign the price item to the persons and accounts which belong to the division. While associating a price item with a division, you can specify the accrual type criteria for the price item. The accrual type criteria is referred when the accrual is calculated for an account using an accrual type where the Price Item Accrual Criteria Required option is selected. The system behaves in the following manner when the Price Item Accrual Criteria Required option is selected in the accrual type:

If the accrual type criteria is set to... Then...
Actual The system considers the billable charges of the price item when the accrual is calculated for an account using the accrual type where the accrual criteria is set to Actual.
Historical The system considers the billable charges of the price item when the accrual is calculated for an account using the accrual type where the accrual criteria is set to Historical.

Prerequisites

To associate a price item with a division, you should have:

  • Price items defined in the application

Procedure

To associate a price item with a division:

  1. Search for the division to which you want to associate a price item.
  2. Click the Price Items tab in the Division screen.

    The Price Items tab appears. It contains the following field:

    Field Name Field Description
    Division Indicates the division.
    Note: The Search (The Search Icon) icon appears corresponding to the Division field. On clicking the Search icon, the Division Search window appears where you can search for a division.

    In addition, it contains the following fields in a grid:

    Field Name Field Description Mandatory (Yes or No)
    Price Item Used to indicate the price item which you want to associate with the division.
    Note:

    The Search (The Search Icon) icon appears corresponding to the Price Item field. On clicking the Search icon, the Price Item Search window appears.

    On specifying a price item, the description of the price item appears in the Description field.

    		 Yes (Conditional)
    Note: This field is required when you are associating a price item with the division.
    Description Displays the description of the price item. Not applicable
    Accrual Type Criteria Used to indicate whether the billable charges of the price item should be considered for accrual depending on the accrual criteria specified in the accrual type. The valid values are:

    • Actual

      - Used to indicate that the billable charges of the price item should be considered for accrual when the accrual criteria in the accrual type is set to Actual.

    • Historical

      - Used to indicate that the billable charges of the price item should be considered for accrual when the accrual criteria in the accrual type is set to Historical.

    • Not Applicable

      - Used to indicate that the billable charges of the price item should be considered for accrual irrespective of the accrual criteria specified in the accrual type
    		 No
  3. Enter the required details in the Price Items tab.
  4. If you want to associate more than one price item with the division, click the Add (The Add Icon) icon and then repeat step 3.
    Note: However, if you want to remove a price item from the division, click the Delete (The Delete Icon) icon corresponding to the price item.
  5. Click the Save button in the Page Title area.
    The price item is associated with the division.

Related Topics

For more information on... See...
How to search for a division Searching for a Division
Division screen Division
Price Items tab Division - Price Items
How to define a division Defining a Division