Defining a Rate Option

Prerequisites

To define a rate option, you should have:

  • Rate schedules, currencies, and aggregation schedules defined in the application

Procedure

To define a rate option:

  1. Search for the Rate Option extendable lookup in the Extendable Lookup Query screen.
  2. In the Search Results section, click the link in the Description column corresponding to the extendable lookup business object whose details you want to view.
    The Extendable Lookup screen appears.
  3. Click the Add button in the Page Title area of the Extendable Lookup screen.

    The Rate Option screen appears. It contains the following section:

    • Main - Used to specify basic details about the rate option. It contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Rate Option Used to specify the rate option. Yes
      Description Used to specify the description for the rate option. Yes
      Override Description Used when you want to override the description of the rate option. No
      Detailed Description Used to specify additional information about the rate option. No
      Status Used to indicate the status of the rate option. The valid values are:

      • Active

      • Inactive

      Note: By default, the value is set to Active.
      		 Yes
      Rate Schedule Used to indicate the rate schedule that you want to use while defining the price item pricing. It is the rate schedule which helps the system to create calculation lines for a transaction leg.
      Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Rate Schedule Search window appears.
      		 Yes
      Pricing Currency Used to indicate the currency in which you want to define the price item pricing. Yes
      Print Zero Used to indicate whether zero pricing should be displayed in the bill. The valid values are:

      • Yes

      • No

      Note: By default, the value is set to Yes.
      		 Yes
      Ignore Transaction Used to indicate whether the transactions mapped to the price item should be ignored for billing. The valid values are:

      • Yes

      • No

      Note: By default, the value is set to No.
      		 Yes
      Aggregate 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, the value is set to No.

      This field is disabled when the Ignore Transaction field is set to Yes.

      		 Yes
      Aggregation Schedule Used to indicate the aggregation schedule using which the transactions should be aggregated for billing.
      Note: This field is disabled when the Ignore Transaction field is set to Yes.
      		 Yes (Conditional)
      Note: This field is required when the Aggregate Transaction field is set to Yes.
      Transaction Rating Criteria Used to indicate how and when you want to rate the transaction legs which are mapped to the price item. The valid values are:

      • Aggregate Transactions and Then Rate 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 Transaction and Aggregate Calc Lines

        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.
      Note: By default, the value is set to Do Not Rate Transactions.
      		 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. The valid values are:

      • All Customers

      • New Customers

      Note: By default, the value is set to All Customers.
      		 Yes
  4. Enter the required details in the Main section.
  5. Click Save.
    The rate option is added in the C1-ExtLookRetTypeRateOpt extendable lookup.

Related Topics

For more information on... See...
How to search for the Rate Option extendable lookup Searching for the Rate Option Extendable Lookup
Extendable Lookup screen Extendable Lookup (Rate Option)