Defining the Division-Specific Average Price Limits of a Price item in the Price Item Pricing

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

Prerequisites

To define the division-specific average price limits of a price item in the price item pricing, you should have:

  • To Do roles and currencies defined in the application

  • Price items or price item bundles associated with the division to which the user belongs

Procedure

To define the division-specific average price limits of the price item in the price item pricing:

  1. Ensure that the Commitments section is expanded when you are defining, editing, or overriding a price item pricing.
  2. Click the Add (The Add Icon) icon in the Floor and Ceiling Type column corresponding to the division for which you want to define the division-specific average price limits of the price item in the price item pricing.

    The following fields appear in a grid:

    Field Name Field Description Mandatory (Yes or No)
    To Do Role Used to indicate that users with the specified To Do role can approve the average price of the price item in the price item pricing when it is within the specified floor and ceil limits.
    Note:

    The Search (The Search Icon) icon appears corresponding to the To Do Role field. On clicking the Search icon, the To Do Role Search window appears.

    On specifying the To Do role, the description of the To Do role appears corresponding to the To Do Role field.

    		 Yes (Conditional)
    Note: This field is required while defining the division-specific average price floor and ceil limits of the price item in the price item pricing.
    Floor Value Used to specify the floor (i.e. lower) limit of the To Do role for approving the average price of the price item in the price item pricing.
    Note:

    The floor value cannot be greater than the ceil value.

    This field appears only when you select Absolute Value Range option from the Average Price Floor and Ceil Type list while defining the deal information in the price item pricing.

    		 Yes (Conditional)
    Note: This field is required while defining the division-specific average price floor and ceil limits of the price item in the price item pricing.
    Ceil Value Used to specify the ceil (i.e. upper) limit of the To Do role for approving the average price of the price item in the price item pricing.
    Note:

    The ceil value cannot be lower than the floor value.

    This field appears only when you select Absolute Value Range option from the Average Price Floor and Ceil Type list while defining the deal information in the price item pricing.

    		 Yes (Conditional)
    Note: This field is required while defining the division-specific average price floor and ceil limits of the price item in the price item pricing.
    Spread Amount Used to specify the spread amount of the To Do role for approving the average price of the price item in the price item pricing.
    Note: This field appears only when you select the Spread Amount option from the Average Price Floor and Ceil Type list while defining the deal information in the price item pricing.
    		 Yes (Conditional)
    Note: This field is required while defining the division-specific average price floor and ceil limits of the price item in the price item pricing.
    Spread Percentage Used to specify the spread percentage of the To Do role for approving the average price of the price item in the price item pricing.
    Note: This field appears only when you select the Spread Percentage option from the Average Price Floor and Ceil Type list while defining the deal information in the price item pricing.
    		 Yes (Conditional)
    Note: This field is required while defining the division-specific average price floor and ceil limits of the price item in the price item pricing.
    Floor and Ceil Currency Used to indicate the currency in which you want to define the average price floor and ceil limits of the price item in the price item pricing.
    Note:

    The list includes only those currencies which are already defined in the system.

    The system does the currency conversion when the pricing currency is different from the floor and ceil currency.

    		 Yes (Conditional)
    Note: This field is required while defining the division-specific average price floor and ceil limits of the price item in the price item pricing.
  3. Enter the required details in the Floor and Ceiling Type grid.
    Note: The Floor and Ceiling Type grid appears only when you select an option from the Average Price Floor and Ceil Type field in the Deal Information section.
  4. If you want to define the average price limits for more than one To Do role in the division, click the Add (The Add Icon) icon and then repeat step 3.
    Note: However, if you want to remove the average price limits of a To Do role from the division, click the Delete (The Delete Icon) icon corresponding to the To Do role.
  5. Click Save.
    The division-specific average price limits of the price item in the price item pricing is defined.

Related Topics

For more information on... See...
How to define a price item pricing Defining a Price Item Pricing
How to edit a price item pricing Editing a Price Item Pricing
How to override a price item pricing Overriding a Price Item Pricing