Simulation - Effective Pricing Information

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

The Simulation - Effective Pricing Information screen contains the following sections:

  • SQIs - This section contains the following fields:

    Field Name Field Description
    SQI Used to indicate the SQI that you want to associate with the price item.
    Note:

    If you want to define more than one price item SQI, click the Add (The Add Icon) icon corresponding to this field.

    If you want to remove a price item SQI, click the Delete (The Delete Icon) icon corresponding to this field.

    The Search (The Search Icon) icon appears corresponding to this field. On clicking the search icon, the Search for Service Quantity Identifier screen appears.

    This field is required when you want to view the effective pricing simulation.

    Value Used to indicate the SQI value that you want to associate with the price item.
    Note:

    If you want to define more than one value, click the Add (The Add Icon) icon corresponding to this field.

    If you want to remove a price item SQI value, click the Delete (The Delete Icon) icon corresponding to this field.

  • Pricing Eligibility Parameters - This section contains the following fields:

    Field Name Field Description
    Parameter Used to specify multiple parameter codes based on which you want to define the pricing
    Note:

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

    The Search (The Search Icon) icon appears corresponding to this field. On clicking the search icon, the Parameter Search screen appears.

    If you want to define more than one parameter, click the Add (The Add Icon) icon corresponding to this field.

    If you want to remove a parameter, click the Delete (The Delete Icon) icon corresponding to this field.

    Parameter Value Displays the value of the parameter or used to specify multiple parameter value.
    Note:

    The Search (The Search Icon) icon appears corresponding to this field appears when the value type for the Parameter is defined as Reference or Predefined. If the value type of the Parameter is Reference, then the Reference Parameter Value Search screen appears and if the value type of the Parameter is Predefined, then the Predefined Parameter Value Search screen appears.

    If you want to define more than one value, click the Add (The Add Icon) icon corresponding to this field.

    If you want to remove a parameter value, click the Delete (The Delete Icon) icon corresponding to this field.

    After providing the required information, when you click on Simulate button, the Effective Pricing Information zone appears where you can view the effective pricing simulation. This zone contains the following sections:

  • Rate Information - This section contains the following fields:

    Field Name Field Description
    Applicable Rate Displays the rate applicable for which pricing is defined.
    Contributing Price Components are Displays how the price components are contributed.
    Note: This section appears when Price Item Type is Rate .
  • Fee Information - This section contains the following fields:

    Field Name Field Description
    Applicable Fee Displays the fee applicable for which pricing is defined.
    Contributing Price Components are Displays how the price components are contributed.
    Note: This section appears when Price Item Type is Fees .
  • Price Item and Parameter Information - This section contains the following fields:

    Field Name Field Description
    Price Item Displays the price item for which pricing is defined.
    Description Displays the description of the price item

    The Parameter Information appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.

    This segment contains the following fields:

    Field Name Field Description
    Parameter Specifies multiple parameter codes associated with the price items based on which pricing is defined.
    Parameter Information Displays the parameter information with concatenated comma separated values.
    Parameter Value Displays the value of the parameter.
  • TFM Information - This section contains the following fields:

    Field Name Field Description
    Ignore Transaction Displays whether the transactions mapped to the price item is considered for billing.
    Aggregation Schedule Displays the aggregation cycle.
    Aggregation Transaction Specifies whether the transactions mapped to the price item are aggregated for billing.
    Rating Criteria Specifies how and when you rate the transaction legs mapped to the price item.
    Note: This section appears when the Price Item is available for Pricing and Billing.
  • Pricing Information - This section contains the following fields.

    Field Name Field Description
    Effective Start Date Displays the date from when the price item pricing is effective.
    Pricing Currency Specifies the currency in which you define the price item pricing.
    Effective End Date Displays the date till when the price item pricing is effective.
    Pricing Status Displays the status of price assignment.
    Variance Parameter Specifies the variance based on which price item pricing is defined.
    Note: This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to False.
    Rate Schedule Specifies the rate schedule used for defining price item pricing.
    Price Assignment Type Displays the type of price assignment.
    Print Zero Specifies whether zero pricing should be displayed in the bill.
    Apply To Displays whether the price item pricing is applied to all customers or only to the new customers.
    Pricing Frequency Displays the frequency for pricing where Price Item Type is fees.
    Advance Pricing Displays only if Price Item is defined as Pricing Only , Price Item Type is defined as Fees and Price Assignment Typeis defined as Post Processing . The valid values are:
    • Yes

    • No

    Pricing Eligibility Criteria and Tiering Criteria for each eligibility or tier range are displayed in following fields:

    Field Name Field Description
    Rate Component Sequence Displays the sequence number of the rate component.
    Tiering Type Displays the tiering type of the rate component.
    Price Component Sequence Specifies the sequence of price component whose rate is used for calculation.
    Price Component Description Displays the description of the rate component.
    Rate Specifies the price for the price item.
    Contributing Factor Displays the availability of contributing factor.
    Eligibility/Tier Details On clicking the Add (The Add Icon) icon, expandable details of Tiering Criteria and Pricing Eligibility Criteriaare displayed.

    When you click the Add (The Add Icon) icon, if the price component is scheduled for Flat Rate then, only Pricing Eligibility Criteria segment appears. If the price component is scheduled for Step or Threshold then both the segments, Tiering Criteria and Pricing Eligibility Criteria appears.

    Tiering Criteria segment contains the following fields:

    Field Name Field Description
    Tiering Criteria Displays the tiering criteria.
    Price Item Specifies whether the price item or bundle's total usage is considered for determining the rate.
    Variance Parameter Specifies the variance based on which price item or bundle's total usage is considered for determining the rate.
    Note: This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to False.
    Price Item Parameters Specifies the parameters based on which price item or bundle's total usage is considered for determining the rate.
    Note: This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.
    From Specifies the lower limit of the tiering range.
    To Specify the upper limit of the tiering range.

    Pricing Eligibility Criteria segment contains the following fields:

    Field Name Field Description
    Sequence Number Specifies the order in which the criteria should be executed in the rule.
    Parameter Specifies the left hand side parameter which you want to use along with the price item for price determination.
    Note: This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.
    Operator Specifies the relational operator to define the relation between the left hand side and right hand side parameters.
    Parameter Value Type Displays the type of pricing eligibility.
    Parameter Specifies the right hand side parameter which you want to use along with the price item for price determination.
    Note: This field appears when the Multi Price Parameter option type of the Multi Parameter Based Pricing (C1_​PPARM_​FLG) feature configuration is set to True.
    Parameter Value Specifies the parameter value.
    Is True Displays what should happen when the condition is true (satisfied).
    Is False Displays what should happen when the condition is false (not satisfied).
    Is Sufficient Displays what should happen when the data is insufficient.

    This section contains the following links:

    Link Name Link Description
    Expand All Used to define all the Tiering Criteria and Pricing Eligibility Criteria segments.
    Collapse All Used to un-define the displayed Tiering Criteria and Pricing Eligibility Criteria segments.
    Expand Only Contributing Factors Used to define only those Tiering Criteria and Pricing Eligibility Criteria segments with contributing factors.

Related Topics

For more information on... See...
How to search for effective price assignments for an account. Effective Price Assignments for Account
How to view effective pricing of an account Viewing Effective Price Assignments of an Account
How to export effective price assignments of an account Exporting Effective Price Assignments of an Account
Price Item Pricing screen Price Item Pricing (Used for Viewing)