Price Component

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

The Price Component zone displays information about the price component of the rate component for the price item pricing that is assigned to an account, person, or price list. It contains the following fields:

Field Name	Field Description
Rate Component Information	Displays a comma-separated string which consists of the following: Rate Component Sequence Tiering Type of the Rate Component
Display Sequence	Displays the sequence of price component whose rate is used for calculating the pricing of the price item
Show Price Component	Indicates whether the price component is displayed in the bill.
Description	Displays the description of the price component.
Rate	Indicates the rate defined for the price component.
Save	On clicking the Save button, the Price Component zone saves the changes you made for the price component.
Clear	On clicking the Clear button, the changes you made to the price component are discarded.
Close	On clicking the Close button, the Price Component zone is closed.

In addition, the Price Component zone contains the following buttons:

Button Name	Button Description
Save	Used to save the changes made to the price component.
Clear	Used to discard the changes made to the price component.
Close	Used to close the Price Component zone.

By default, the Price Component zone does not appear in the Price Item Pricing screen. It appears when you click the Add ( The Add Icon ) icon corresponding to a rate component in the Price Assignment Tree zone.

On clicking the Show Price Component Tier link, the Tiering Criteria section appears in the Price Component zone with the details of the respective tiering criteria of the price component.

The Tiering Criteria section contains the following fields in a grid:

Field Name	Field Description
Display Sequence	Displays the sequence number of the tiering criteria.
Tiering Criterion	Indicates the tiering criterion which is used in the tiering range.
Lower Limit	Displays the lower limit of the tiering range.
Upper Limit	Displays the upper limit of the tiering range.
Price Item	Displays the price item.
Price Item Parameters	Displays information about the parameter associated with the price item for the tier. Note: The Edit () icon appears corresponding to the Price Item Parameters field. On clicking the Edit icon, the Tier Parameters section appears where you can add, edit, or delete the price item parameters for the tier.

Note: The Tiering Criteria section appears in the Price Component zone only when the Tiering Type of the rate component is STEP or Threshold.

On clicking the Show Price Component Eligibility link, thePricing Eligibility Criteria section appears in the Price Component zone with the details of the respective pricing eligibility criteria of the price component.

The Pricing Eligibility Criteria section contains the following fields in a grid:

Field Name	Field Description
Display Sequence	Indicates the sequence number in which the pricing eligibility criteria is executed in the rule.
Parameter	Displays the left hand side parameter which is used along with the price item for price determination.
Operator	Indicates the relational operator used to define the relation between the parameter name and the parameter value. The valid values are: < < = < > = > > = Between In Like Not In
Parameter Value Type	Indicates 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 - Indicates that the parameter (on the left hand side) is compared against another parameter (on the right hand side). Value - Indicates that the parameter (on the left hand side) is compared against a parameter value.
Parameter	Indicates the parameter (on the right hand side) against which you want to compare the parameter (on the left hand side).
Parameter Value	Indicates the parameter value against which you want to compare the parameter (on the left hand side).
Is True	Indicates what happens when the condition is true (satisfied). The valid values are: Check Next Condition - Indicates that the condition with consecutive sequence number is executed. Rule Is False - Indicates that the action specified in the Rule False Action field is executed. Rule Is True - Indicates that the action specified in the Rule True Action field is executed.
Is False	Indicates what happens when the condition is false (not satisfied). The valid values are: Check Next Condition - Indicates that the condition with consecutive sequence number is executed. Rule Is False - Indicates that the action specified in the Rule False Action field is executed Rule Is True - Indicates that the action specified in the Rule True Action field is executed.
Is Insufficient	Indicates what happens when the data is insufficient. The valid values are: Check Next Condition - Indicates that the condition with consecutive sequence number is executed. Rule Is False - Indicates that the action specified in the Rule False Action field is executed Rule Is True - Indicates that the action specified in the Rule True Action field is executed.

Note: The Pricing Eligibility Criteria section appears in the Price Component zone only when the Pricing Eligibility check box is selected in the Price Item Pricing screen.

Related Topics

For more information on...	See...
Price Item Pricing screen	Price Item Pricing (Used for Viewing)
Price Assignment Tree zone	Price Assignment Tree
Price Component zone	Price Component
How to define a price component for a rate component	Defining a Price Component for a Rate Component
How to define a tiering criteria for a price component	Defining a Tiering Criteria for a Price Component
How to view the tiering criteria of a price component	Viewing the Tiering Criteria of a Price Component
How to define a pricing eligibility criteria for a price component	Defining a Pricing Eligibility Criteria for a Price Component
How to view the pricing eligibility criteria of a price component	Viewing the Pricing Eligibility Criteria of a Price Component