Defining the Division-Specific Cost 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 cost of a price item in the price item pricing you should have:

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

Procedure

To define the division-specific cost of a 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 Costs column corresponding to the division for which you want to define the cost of the price item in the price item pricing.

    The following fields appear in a grid:

    Field Name Field Description Mandatory (Yes or No)
    Cost Type Used to indicate the type of cost incurred in the division for the price item pricing. The valid values are:
    • Additional Cost-Fixed

    • Additional Cost-Variable

    • Fixed Internal

    • Fixed Third Party

    • Variable Internal

    • Variable Third Party

    Yes (Conditional)
    Note: This field is required while defining the division-specific cost of the price item in the price item pricing.
    Cost Value Used to specify the cost amount. Yes (Conditional)
    Note: This field is required while defining the division-specific cost of the price item in the price item pricing.
    Note: By default, the Pricing Currency is considered as the currency for defining the division-specific cost of the price item in the price item pricing.
  3. Enter the required details in the Costs grid.
  4. If you want to define more than one division-specific cost of the price item in the price item pricing, click the Add (The Add Icon) icon and then repeat step 3.
    Note: However, if you want to remove the division-specific cost of the price item from the price item pricing, click the Delete (The Delete Icon) icon corresponding to the cost.
  5. Click Save.
    The division-specific cost 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