Price Item Pricing

The Price Item Pricing screen allows you to define pricing for a price item that you want to assign to a price list, person, or an account. You can also define characteristics for the price assignment. The system allows you to define a template price item pricing. However, you can only assign template price item pricing to a template price list.

Note: A bundle cannot be assigned if its child price items are already assigned to a price list, person, or an account, and vice versa. However, you can assign a parent and child price items, which are associated to each other using the relationship type, such as price item, service and service group, to the same price list.

You can access the Price Item Pricing screen through the following screens:

This screen contains the following tabs:
  • Main - This tab contains the following sections:

    • Price Item and Parameter Information -This section contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Price Item Indicates the price item for which you want to define pricing. Not applicable
      Description Displays the description of the price item No applicable

      When you select the rate schedule field from Pricing Information section, parameter details segment is displayed. You can add more than one parameter details by clicking the Add (The Add Icon) icon, or delete the parameter details by clicking the Delete (The Delete Icon) icon corresponding to it.

      This segment contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Parameter Used to specify multiple parameter codes associated with the price items based on which you want to define the pricing.
      Note:

      This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.

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

      		 Yes (Conditional)
      Note: This field is required if the parameters are mandatory while defining price item pricing.
      Parameter Information Displays the parameter information with concatenated comma separated values. Not applicable
      Parameter Value Displays the value of the parameter. Not applicable

    • TFM Information - This section contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Ignore Transaction Used to indicate whether the transactions mapped to the price item should be considered for billing. The valid values are:

      • Yes

      • No

      Note: By default, No is selected. The default value appears in this field when the Feed Management Used option type of the C1_​FM feature configuration is set to Y.
      		 No
      Aggregation Schedule Used to indicate the aggregation cycle. The valid values are:

      • Daily

      • Weekly

      • Monthly

      • Quarterly

      • Yearly

      Note:

      By default, the Monthly option is selected. The default value appears in this field when the Show Default Values in Price Item Pricing option type of the C1_​FM feature configuration is set to Y.

      This field is disabled when you select Yes from the Ignore Transaction list.

      The system allows you to specify the schedule even if the Aggregate Transaction field is set to No. In this case, the billable charge start date is equal to the aggregation schedule start date and the billable charge end date is equal to the aggregation schedule end date.

      		 Yes (Conditional)
      Note: This field is required when you want to aggregate transactions for billing.
      Aggregation Transaction Used to indicate whether the transactions mapped to the price item should be aggregated for billing. The valid values are:

      • Yes

      • No

      Note:

      By default, Yes is selected. The default value appears in this field when the Feed Management Used option type of the C1_​FM feature configuration is set to Y.

      This field is disabled when you select Yes from the Ignore Transaction list.

      		 No
      Rating Criteria Used to indicate how and when you want to rate the transaction legs mapped to the price item. The valid values are:
      • Aggregate transactions and then rate aggregated SQs
        Note: This value appears in the list when the Ignore Transaction field is set to No and the Aggregate Transaction field is set to Yes.

      • Do Not Rate Transactions

      • Rate individual transactions and aggregate calc lines across transactions
        Note: This value appears in the list when the Ignore Transaction field is set to No and the Aggregate Transaction field is set to Yes.
      • Rate Transactions
        Note: This value appears in the list only when the Ignore Transaction field is set to either Yes or No and the Aggregate Transaction field is set to No.
      		 Yes

    • Pricing Information - This section contains the following fields.

      Field Name Field Description Mandatory (Yes or No)
      Effective Start Date Used to specify the date from when the price item pricing is effective.
      Note:

      By default, the current system date appears in this field.

      The effective start date cannot be later than the effective end date.

      		 Yes
      Pricing Currency Used to indicate the currency in which you want to define the price item pricing. Yes
      Effective End Date Used to specify the date till when the price item pricing is effective.
      Note: The effective end date cannot be earlier than the effective start date.
      		 No
      Pricing Status Used to indicate the status of the price assignment. The valid values are:

      • Active - Indicates that the price assignment will be used for billing.

      • Proposed - Indicates that the price assignment will be used for quotations.

      • Template - Indicates that the price assignment is a template price assignment. This status appears only when you assign a price item to a template price list from the Price List Price Item Pricing screen.

      		 Yes
      Variance Parameter Used to specify the variance based on which you want to define the price item pricing.
      Note: This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to False.
      		 No
      Rate Schedule Used to specify the rate schedule that you want to use while defining price item pricing.
      Note:

      Rate schedules control how the bills for the price item will be calculated.

      The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Rate Search screen appears.

      		 Yes
      Price Assignment Type Used to indicate the type of price assignment. The valid values are:

      • Regular - Used to indicate that the pricing must be used to generate regular bill segment.

      • Post Processing - Used to indicate that the pricing must be used to generate post processing bill segment. This type of price assignment can be done on usage accounts. The post processing bill segment is generated when you generate the bill for the usage account and not when you bill the usage account through an invoice account.

      • Post Processing - Invoice Based - Used to indicate that the pricing must be used to generate post processing bill segment. This type of price assignment can be done on an invoice account, and, as a result, the post processing bill segment is generated on the invoice account.

        Note: This will not be applicable for price item which are defined for Pricing Only and where price item type is fees.

      • Post Processing - Price Item Based - Used to indicate that the pricing must be used to generate post processing bill segment. This type of price assignment can be done on both invoice and usage accounts, but the post processing bill segment is generated only on the invoice account.

      Note:

      This will not be applicable for price item which are defined for Pricing Only and where price item type is fees.

      By default, Regular is selected for price item which are applicable for Pricing Only and cannot be edited.

      The post processing bill segment is generated when the Post Processing Sequence (PPSEQ) characteristic is defined for the price item and when the price item is associated with another price item using the Price Item relationship type.

      		 Yes
      Print Zero Used to indicate whether zero pricing should be displayed in the bill. The valid values are:

      • Yes

      • No

      Note: By default, Yes is selected.
      		 Yes
      Apply To Used to indicate whether you want the price item pricing to be applied to all customers or only to the new customers.
      Note: This field appears in this screen when you access this screen through the Price List Price Item Pricing screen.
      		 Yes
      Pricing Frequency Used to indicate pricing frequency for the price item.
      Note: This field appears when Price Item is defined as Pricing Only and Price Item Type is defined as Fees.
      		Yes
      Advance Pricing This field appears when Price Item is defined as Pricing Only , Price Item Type is defined as Fees and Price Assignment Type is Post Processing. The valid values are:

      • Yes

      • No

      		 Yes

      When you select the rate schedule, a segment appears at the bottom of this screen. This segment is divided into two sections. The section on the left hand side contains rate components of the rate schedule. The section on the right hand side contains the eligibility and tiering ranges per price component. You can add more than one pricing eligibility and tiering criterion for each eligibility or tier range by clicking the Add (The Add Icon) icon, or delete the eligibility or tiering criterion from a eligibility or tier range by clicking the Delete (The Delete Icon) icon corresponding to it. Tiering is not applicable when pricing is flat (or non-tiered).

      This zone contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Rate Component Information Displays the concatenated string consisting of rate component sequence number and tiering type. Not applicable
      Price Component Sequence Indicates the sequence of price component whose rate is used for calculation. Yes
      Display Indicates whether the price component will be displayed in the effective pricing. No
      Price Component Description Displays the description of the rate component. No
      Rate Used to specify the price for the price item. The value can be positive or negative. Decimals are allowed. This value is fed into the rate schedule for billing calculations.
      Note: The system provides you with the facility to specify the rate value with a precision of up to 18 places before decimal and 18 places after decimal. This gives you the flexibility to specify very large and very low values for the rates.
      		 Yes
      Eligibility Tier Details On clicking the Add (The Add Icon) icon, expandable details to add tiering criteria and pricing eligibility criteria are displayed. No

      When you click the Add (The Add Icon) icon, if the price component is scheduled for Flat Rate then, onlyPricing Eligibility Criteria segment appears. If the price component is scheduled for Step or Threshold then both the segments, Tiering Criteria and Pricing Eligibility Criteria appears. You can add more than one tiering criterion and pricing eligibilities for each tiering and eligibility range by clicking the Add (The Add Icon) icon, or delete the tiering criterion and pricing eligibilities from a tiering and eligibility range by clicking the Delete (The Delete Icon) icon corresponding to it.

      Tiering Criteria segment contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Tiering Criterion Used to select the tiering criterion. Yes
      Price Item Used to indicate whether the price item or bundle's total usage should be considered for determining the rate. By default, the price item code for which you are defining the pricing appears in this field. You can specify any other price item or bundle code, if required.
      Note:

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

      		 Yes
      Variance Parameter Used to specify the variance based on which price item or bundle's total usage should be considered for determining the rate. By default, the variance based on which you are defining the pricing appears in this field. You can specify any other variance, if required.
      Note:

      This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to False.

      		 No
      Price Item Parameters Used to specify the parameters based on which price item or bundle's total usage should be considered for determining the rate. By default, the parameters based on which you are defining the pricing appear in this field. You can specify any other parameters (where the Pricing flag is set to Yes), if required. However, note that you can only select parameters associated with the price item or bundle which is used for defining the tiering criteria.
      Note:

      This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.

      You can add more than one Price Item Parameters by clicking the Add (The Add Icon) icon, or delete the Price Item Parameters by clicking the Delete (The Delete Icon) icon corresponding to it.

      		 No
      From Used to specify the lower limit of the tiering range.
      Note:

      The system provides you with the facility to specify the lower limit value with a precision of up to 18 places before decimal and 18 places after decimal. This gives you the flexibility to specify very large and very low values in the tiering range.

      		 Yes
      To Used to specify the upper limit of the tiering range.
      Note:

      The system provides you with the facility to specify the upper limit value with a precision of up to 18 places before decimal and 18 places after decimal. This gives you the flexibility to specify very large and very low values in the tiering range.

      When you define single tier with the maximum value as blank (for example, 0 to BLANK), the system will automatically replace the blank space with 999999999999999999.99.

      		 Yes
      Note: You can search for a price item parameters by clicking the Search (The Search Icon) icon corresponding to the respective field.

      Pricing Eligibility Criteria segment contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Sequence Number Used to indicate the order in which the criteria should be executed in the rule. Yes
      Parameter Used to indicate the left hand side parameter which you want to use along with the price item for price determination.
      Note:

      This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.

      The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Parameter Code Search screen appears.

      You must not specify any special character except underscore (_​) in the parameter code. Otherwise, the status of the transaction is changed to Error (ERROR).

      		 Yes
      Operator Used to specify the relational operator to define the relation between the left hand side and right hand side parameters code. The valid values are:

      • <

      • <=

      • <>

      • =

      • >

      • >=

      • Algorithm

      • Between

      • In

      • Like

      		 Yes
      Parameter Value Type Used to indicate the type of pricing eligibility. The valid values are:

      • Parameter - Used to indicate the type of parameter.

      • Value - Used to indicate the type of value.

      		 Yes
      Parameter Used to indicate the right hand side parameter which you want to use along with the price item for price determination.
      Note:

      This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.

      The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Parameter Code Search screen appears.

      You must not specify any special character except underscore (_​) in the parameter code. Otherwise, the status of the transaction is changed to Error (ERROR).

      		 Yes
      Parameter Value Used to specify the parameter value.
      Note: You can specify any special characters except ampersand (&), comma (,), underscore (_​), equal to (=), tilde (~), and semi-colon (;) in the parameter value.
      		 Yes
      Is True Used to indicate what should happen when the condition is true (satisfied). The valid values are:

      • Check Next Condition - Used to indicate that the condition with consecutive sequence number should be executed.

      • Rule Is False - Used to indicate that the action specified in the Rule False Action field should be executed.

      • Rule Is True - Used to indicate that the action specified in the Rule True Action field should be executed.

      		 Yes
      Is False Used to indicate what should happen when the condition is false (not satisfied). The valid values are:

      • Check Next Condition - Used to indicate that the condition with consecutive sequence number should be executed.

      • Rule Is False - Used to indicate that the action specified in the Rule False Action field should be executed.

      • Rule Is True - Used to indicate that the action specified in the Rule True Action field should be executed.

      		 Yes
      Is Insufficient Used to indicate what should happen when the data is insufficient. The valid values are:

      • Check Next Condition - Used to indicate that the condition with consecutive sequence number should be executed.

      • Rule Is False - Used to indicate that the action specified in the Rule False Action field should be executed.

      • Rule Is True - Used to indicate that the action specified in the Rule True Action field should be executed.

      		 Yes

  • Characteristics - This tab allows you to define a characteristic for the price assignment.

This zone contains the following buttons:

Button Name Button Description
Save Used to define the price item pricing.
Cancel Used to return to the screen from where this screen was called without saving the changes.

Define characteristics for the price item pricing, if required.

Related Topics

For more information on... See...
How to define a characteristic for the price item pricing Price Assignment Characteristics
Search Price Item zone Search Price Item or Price Item Pricing

Parent topic: Pricing Management