Defining the Discount Limits in a Discount Arrangement Pricing Rule

Prerequisites

To define the discount limits in a discount arrangement pricing rule, you should have:

  • An account, to which you want to credit the discount, defined in the application

  • Minimum limit pricing rule type and minimum limit price item defined in the respective discount arrangement pricing rule type when you want to define minimum discount limit on the contract

  • Maximum limit pricing rule type and maximum limit price item defined in the respective discount arrangement pricing rule type when you want to define maximum discount limit on the contract

Procedure

To define the discount limits in a discount arrangement pricing rule:

  1. Ensure that the Discount Limits section appears when you are defining or editing a discount arrangement pricing rule.

    The Discount Limits section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    No Limit Used to indicate whether you want to define minimum or maximum discount limit on the contract. No
    Discount Credit Account Used to indicate the account to which you want to credit the discount when the minimum or maximum discount limit is defined on the contract.
    Note: This field is enabled when the No Limit option is not selected.
    		 Yes (Conditional)
    Note: This field is required when the No Limit option is not selected.
    Settlement Days Used to specify the number of days which helps to calculate the final settlement date (which is pricing end date + the settlement days). The valid values:

    • 30 Days

    • 60 Days

    • 90 Days

    • 120 Days

    • 150 Days

    • 180 Days

    		 Yes

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

    Field Name Field Description Mandatory (Yes or No)
    Type of Discount Limit Displays the type of discount limit. The valid values are:

    • Minimum

    • Maximum

    		 Not applicable
    Select On clicking the check box corresponding to the type of discount limit, you can define minimum or maximum discount limit on the contract.
    Note: This field is enabled when the No Limit option is not selected.
    		 Yes
    Limit Type Used to indicate whether you want to define a flat limit or an enrollment based limit. The valid values are:

    • Enrollment Based

    • Flat

    Note:

    This field is enabled when the No Limit option is not selected.

    If you select the check box corresponding to the Minimum discount limit, the Limit Type field corresponding to the Minimum discount limit is enabled.

    		 Yes (Conditional)
    Note: This field is required when you are defining a minimum or maximum discount limit in the discount arrangement pricing rule.
    Amount Limit Used to specify the flat minimum or maximum discount amount.
    Note:
    This field is enabled when:

    • The No Limit option is not selected.

    • The minimum or maximum limit type is set to Flat.

    		 Yes (Conditional)
    Note: This field is required when the minimum or maximum limit type is set to Flat.
    Note: The Discount Limits section appears when you specify a price item in the Main section.
  2. Enter the required details in the Discount Limits section.
  3. Click Save.
    The discount limits are defined in the discount arrangement pricing rule.

Related Topics

For more information on... See...
How to define a discount arrangement pricing rule for a parent customer Defining a Discount Arrangement Pricing Rule for a Parent Customer
How to edit a discount arrangement pricing rule of a parent customer Editing a Discount Arrangement Pricing Rule of a Parent Customer