Defining a Pricing Eligibility Criteria for a Price Component

Note: This topic is not applicable for the health insurance business.

Procedure

To define a pricing eligibility criteria for a price component:

  1. Ensure that the Price Assignment Tree zone is expanded in the Price Item Pricing screen..
  2. Click the Add (The Add Icon) icon corresponding to the rate component whose price component you want to define.
    The Price Component zone appears.
  3. Click the Show Price Component Eligibility button.
    Note:

    The Show Pricing Component Eligibility button appears only when Pricing Eligibility check box is selected in the Price Item Pricing screen.

    The Pricing Eligibility Criteria section appears. It contains the following fields in a grid:
    Field Name Field Description Mandatory (Yes or No)
    Display Sequence Used to specify the order in which the pricing eligibility criteria is executed in the rule. Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    Parameter Used to specify the left hand side parameter which you want to use along with the price item for price determination.
    Note:

    The Search (The Search Icon) icon appears corresponding to the Parameter field. On clicking the Search icon, the Parameter Search window appears where you can search for the required parameter.

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

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

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    Operator Used to indicate the relational operator to define the relation between the parameter name and the parameter value. The valid values are:

    • <

    • < =

    • < >

    • =

    • >

    • > =

    • Between

    • In

    • Like

    • Not In

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    Parameter Value Type Used to indicate whether the parameter (on the left hand side) is compared against another parameter (on the right hand side) or directly against a parameter value. The valid values are:

    • Parameter - Used to indicate that the parameter (on the left hand side) is compared against another parameter (on the right hand side).

    • Value - Used to indicate that the parameter (on the left hand side) is compared against a parameter value.

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    Parameter Value Used to specify the parameter value against which you want to compare the parameter (on the left hand side). The valid values are:
    Note:

    This field is enabled only when you specify the parameter in the Parameter field.

    The Search (The Search Icon) icon appears corresponding to the Parameter Value field when the Parameter option is selected from Parameter Value Type field. On clicking the Search icon, the Parameter Search window appears.

    When the Parameter option is selected from the Parameter Value Type field then you must not specify any special character except underscore (_​) in the parameter code. Otherwise, the status of the transaction is changed to Error (ERROR).

    When the Value option is selected for the Parameter Value Type field then you can specify any special characters except ampersand (&), comma (,), underscore (_​), equal to (=), tilde (~), and semi-colon (;) in the parameter value.

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

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    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 is executed.

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

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

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    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 is executed.

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

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

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
    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 is executed.

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

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

    		 Yes (Conditional)
    Note: This field is required while defining the pricing eligibility criteria of a price component.
  4. Enter the required details in the Pricing Eligibility Criteria section.
  5. If you want to define more than one pricing eligibility criteria for the price component, click the Add (The Add Icon) icon and then repeat step 2.
    Note: However, if you want to remove a pricing eligibility criteria from the price component, click the Delete (The Delete Icon) icon corresponding to the parameter.
  6. Click Save.
    The pricing eligibility criteria is defined for the price component.
    Note: You can define a pricing eligibility criteria for a price component only when the price item pricing is in the Draft, Proposed, or Template status.

Related Topics

For more information on... See...
Price Assignment Tree zone Price Assignment Tree
Price Item Pricing screen Price Item Pricing (Used for Viewing)
How to edit a pricing eligibility criteria of a price component Editing a Pricing Eligibility Criteria of a Price Component