Associating Algorithms with a Pricing Rule Type

Prerequisites

To associate algorithms with a pricing rule type, you should have:

  • Algorithm and Algorithm Type defined in the application.

  • System event defined in the application.

Procedure

To associate algorithms with a pricing rule type:

  1. Ensure that the Algorithms section is expanded when you are defining a pricing rule type.

    The Algorithms section contains the following columns in a grid:

    Column Name Column Description Mandatory (Yes or No)
    System Event Used to indicate the system event on which the algorithm is executed. The valid values are:

    • Account and Price Item Derivation

    • Accumulation Billable Charge Post-Processing

    • Accumulation Billable Charge Pre-Processing

    • Accumulation Post-Processing

    • Accumulation Pre-Processing

    • Bill After Date Determination

    • Bill Group Derivation

    • Final Settlement Derivation

    • Billable Charge Creation Pre-Processing

    • Billable Charge Creation Post-Processing

    • Pricing Rule Post-Processing

    • Pricing Rule Pre-Processing

    • Premium Calculation

    • Transaction Validation

    		 Yes
    Note: This field is required when you are defining an algorithm for the pricing rule type.
    Sequence Used to specify the order in which the algorithms for each system event must be executed. Yes (Conditional)
    Note: This field is required when you are defining an algorithm for the pricing rule type.
    Algorithm Used to specify the algorithm.
    Note:

    If you select the system event option, the Search (The Search Icon) icon appears corresponding to the Algorithm field. On clicking the Search (The Search Icon) icon, the Algorithm Search window appears.

    On specifying the algorithm, the description of the algorithm appears corresponding to the Algorithm field.

    		 Yes (Conditional)
    Note: This field is required when you are defining an algorithm for the pricing rule type.
  2. Enter the required details in the Algorithms section.
  3. If you want to associate more than one algorithm for the pricing rule type, click the Add (The Add Icon) icon and then repeat step 2.
    Note: However, if you want to disassociate an algorithm from the pricing rule type, click the Delete (The Delete Icon) icon corresponding to the algorithm.
  4. Click Save.
    The algorithms are associated with the pricing rule type.

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