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. Select the division from the Division column for which you want to define the rate negotiability limits of a price item in the price item pricing
  3. 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.
  4. Enter the required details in the Negotiability grid.
  5. 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