Defining the Division-Specific Rate Negotiability 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 rate negotiability limits of a price item in the price item pricing, you should have:

  • Currencies defined in the application

  • Price items associated with the division to which the user belongs

Procedure

To define the division-specific rate negotiability limits 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 Negotiability column corresponding to the division for which you want to define the division-specific rate negotiability 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)
    Negotiability Floor Value Used to specify the floor (i.e. lower) limit for the rate negotiation.
    Note: The floor value cannot be greater than the ceil value.
    		 Yes (Conditional)
    Note: This field is required while defining the division-specific rate negotiability limits of the price item in the price item pricing.
    Negotiability Ceil Value Used to specify the ceil (i.e. upper) limit for the rate negotiation.
    Note: The ceil value cannot be lower than the floor value.
    		 Yes (Conditional)
    Note: This field is required while defining the division-specific rate negotiability limits 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 rate negotiability limits of the price item in the price item pricing.
  3. Enter the required details in the Negotiability grid.
  4. Click Save.
    The division-specific rate negotiability 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