Editing a Proposed Price Item Pricing

Prerequisites

To edit a proposed price item pricing, you should have:

  • Values defined for the Price Assignment Type in the PA_​TYPE_​FLAG lookup field

  • Currencies defined in the application

  • Rate schedules, rate versions, and rate components defined in the application

  • Values defined for Transaction Rating Criteria in the TXN_​RATING_​CRITERIA lookup field

  • Values defined for Pricing Rule Type in the PRC_​RULE_​TYPE_​FLG lookup field

  • Aggregation schedules defined in the application

  • Parameters defined in the application (where the Price Item option is selected in the Parameter Usage section)

  • Characteristic types defined in the application (where the characteristic entity is set to Price Item Pricing)

  • Transactions mapped to the price item defined in the application

  • Tiering criteria defined in the application

  • Tiering setup for the rate components defined in the application

  • Pricing eligibility defined in the application

Procedure

To edit a proposed price item pricing:

  1. Ensure that the Projected Pricing zone is expanded in the Pricing and Commitments screen when you are editing the proposed pricing of a price item.

    The Projected Pricing zone contains the following field:

    Field Name Field Description Mandatory (Yes or No)
    Override Used to indicate whether you want to override the price item pricing. No
    Note: This field is required only while overriding the price item pricing.
    In addition, the Projected Pricing zone contains the following sections:
    • Main - Used to specify basic details about the price item pricing. It contains the following fields:
      Field Name Field Description Mandatory (Yes or No)
      Price Assignment ID Displays the price assignment ID.
      Note: It is a read-only field and cannot be edited.
      		 Not Applicable
      Price Item Displays the price item whose pricing you want to edit.
      Note: It is a read-only field and cannot be edited.
      		 Not Applicable
      Start Date Use to specify the date from when the pricing of the price item is effective for the deal.
      Note: By default the deal start date appears in this field.
      		 Yes
      Price Assignment Type Used to indicate the type of price assignment. The valid values are:

      • Regular - Used to indicate that the pricing is used to generate regular bill segment.

      • Post Processing - Used to indicate that the pricing is used to generate post processing bill segment. This type of price assignment can be done on usage accounts. The post processing bill segment is generated when you generate the bill for the usage account and not when you bill the usage account through an invoice account.

        Note: The post processing bill segment is generated when the Post Processing Sequence (PPSEQ) characteristic is defined for the price item and when the price item is associated with another price item using the Price Item Relationship Type.

      • Post Processing - Invoice Based - Used to indicate that the pricing is used to generate post processing bill segment. This type of price assignment can be done on an invoice account, and, as a result, the post processing bill segment is generated on the invoice account.

        Note: This is not applicable for price items whose Price Item Usage field is set to Pricing.

      • Post Processing - Price Item Based - Used to indicate that the pricing is used to generate post processing bill segment. This type of price assignment can be done on both invoice and usage accounts, but the post processing bill segment is generated only on the invoice account.

        Note: This field is not applicable for price items whose Price Item Usage field is set to Pricing.
      		 Yes
      End Date Used to specify the date till when the pricing of the price item is effective for the deal. No
      Pricing Currency Used to indicate the currency in which you want to define the pricing of the price item. Yes
      Pricing Eligibility Used to define the pricing eligibility criteria for the price item pricing.
      Note: If you select the check box you can define the pricing eligibility of the price item in the Price Component section of this zone.
      		 No
      Print Zero Used to indicate whether zero pricing should be displayed in the bill. The valid values are:

      • Yes

      • No

      		 Yes
      Rate Schedule Used to specify the rate schedule that you want to use while defining price item pricing.
      Note:

      Rate schedules control how the bills for the price item will be calculated.

      The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Rate Schedule Search window appears where you can search for the respective rate schedule.

      		 Yes
    • TFM Information - Used to map the transaction details with the price item. It contains the following fields:
      Field Name Field Description Mandatory (Yes or No)
      Transaction Rating Criteria Used to indicate how and when the transaction legs mapped to the price item are rated. The valid values are:

      • Aggregate Transactions and Then Rate Aggregated SQs

      • Do Not Rate Transactions

      • Rate Transaction and Aggregate Calc Lines Across Transaction

      • Rate Transactions

      		 Yes
      Aggregation Schedule Used to indicate the transaction aggregation cycle. The valid values are:

      • Daily

      • Weekly

      • Monthly

      • Quarterly

      • Yearly

      		 Yes
      Do Not Aggregate Switch Used to Indicate whether aggregation is required while rating the transactions before billing. The valid values are:

      • Yes - Used to Indicate aggregation is not required while rating the transactions before billing.

      • No - Used to Indicate aggregation is required while rating the transactions before billing.

      		 Yes
      Ignore Transaction Used to indicate whether the transactions mapped to the price item is considered for billing. The valid values are:

      • Yes

      • No

      		 Yes
    • Parameters - Used to associate the parameters based on which you want to define the pricing of the price item. It contains the following columns:
      Column Name Column Description Mandatory (Yes or No)
      Parameter Used to indicate the parameter that you want to associate with the price item pricing.
      Note:

      The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Price Item Parameter Search window appears.

      The parameter search results displays only those parameters where the Price Item check box is selected.

      		 Yes (Conditional)
      Note: This field is required while associating parameters with the price item pricing.
      Parameter Value Used to specify the value of the parameter. Yes (Conditional)
      Note: This field is required while associating parameters with the price item pricing.
    • Characteristics - Used to define a list of characteristics for the price item pricing. It contains the following columns:
      Column Name Column Description Mandatory (Yes or No)
      Effective Date Used to specify the date from when the characteristic is effective for price item pricing. Yes (Conditional)
      Note: This field is required while defining characteristics for the price item pricing
      Characteristic Type Used to indicate the characteristic type.
      Note: The list includes only those characteristic types where the characteristic entity is set to Projected Pricing.
      		 Yes (Conditional)
      Note: This field is required while defining characteristics for the price item pricing
      Characteristic Value Used to specify the value for the characteristic type.
      Note:

      If you select a predefined characteristic type, theSearch (The Search Icon) icon appears corresponding to the Characteristic Value field. On clicking the Search icon, the Predefined Characteristic Search window appears.

      On specifying the value for a predefined characteristic type, the description of the characteristic value appears corresponding to the Characteristic Value field.

      		 Yes (Conditional)
      Note: This field is required while defining characteristics for the price item pricing
    • Price Component - Used to define a list of price components of the rate component that you want to map with the price item pricing. It contains the following columns:
      Column Name Column Description Mandatory (Yes or No)
      Rate Component Displays the concatenated string of information about the rate component separated by comma (,).
      Note:

      It is a read-only field and cannot be edited.

      This ID is generated automatically when you define the tiering setup of the rate component.

      		 Not applicable
      Display Sequence Used to specify the sequence of price component whose rate is used for calculating the pricing of the price item. Yes
      Description Used to specify the description of the price component. Yes
      Show Price Component Used to indicate whether you want to display the price component in the bill. Yes (Conditional)
      Note: This field is required for displaying the price component in the bill.
      Rate Used to specify the rate defined for the price component. Yes
      Eligibility and Tier Details Used to specify the tiering criteria and eligibility criteria of the price component for the price item pricing. Yes (Conditional)
      Note: This field is required for specifying the tiering criteria and eligibility criteria of the price component for the price item pricing.
      Tier Details On clicking the Add (The Add Icon) icon, you can view and edit the Tiering Criteria of the price component for the price item pricing. It contains the following columns:
      Column Name Column Description
      Display Sequence Used to specify the sequence of the tiering criteria.
      Tiering Criterion Used to indicate the tiering criteria.
      Lower Limit Used to specify the lower limit of the tiering range.
      Upper Limit Used to specify the upper limit of the tiering range.
      Note: You can edit the tiering criteria of a price component only when the Tiering Type of its rate component is STEP or THRESHOLD.
      		 Yes (Conditional)
      Note: This field is required for specifying the tiering criteria of the price component for the price item pricing.
      Eligibility Details On clicking the Add (The Add Icon) icon, you can view and edit the eligibility criteria of the price component for the price item pricing. It contains the following columns:
      Column Name Column Description
      Display Sequence Used to specify the order in which the eligibility criteria should be executed in the rule.
      Parameter Used to indicate the left hand side parameter which you want to use along with the price item for price determination.
      Note: The Search (The Search Icon) icon appears corresponding to the Parameter field. On clicking the Search icon, the Parameter Search window appears.
      Operator Used to specify the relational operator to define the relation between the left hand side and right hand side parameters.
      Parameter Value Type Used to indicate the type of pricing eligibility. The valid values are:

      • Parameter - Used to indicate the type of parameter.

      • Value - Used to indicate the type of value.
      Parameter Used to specify the value for the Parameter Value Type as the right hand side parameter which you want to use along with the price item for price determination.
      Note:

      If you select the Parameter Value Type as Parameter, the Search (The Search Icon) icon appears corresponding to the Parameter field. On clicking the Search icon, the Parameter Search window appears.

      If you select the Parameter Value Type as Value then you can specify any special characters except ampersand (&), comma (,), underscore (_​), equal to (=), tilde (~), and semi-colon (;) in the Parameter field.
      Is True Used to indicate what happens when the condition is true (satisfied). The valid values are:

      • Check next condition - Used to indicate that the condition with the consecutive sequence number is executed.

      • Rule is false - Used to indicate that the action specified in the Rule False Action field is executed.

      • Rule is true - Used to indicate that the action specified in the Rule True Action field is executed.
      Is False Used to indicate what happens when the condition is false (not satisfied). The valid values are:

      • Check next condition - Used to indicate that the condition with the consecutive sequence number is executed.

      • Rule is false - Used to indicate that the action specified in the Rule False Action field is executed.

      • Rule is true - Used to indicate that the action specified in the Rule True Action field is executed.
      Is Insufficient Used to indicate what happens when the data is insufficient. The valid values are:

      • Check next condition - Used to indicate that the condition with the consecutive sequence number is executed.

      • Rule is false - Used to indicate that the action specified in the Rule False Action field is executed.

      • Rule is true - Used to indicate that the action specified in the Rule True Action field is executed.
      Note: You can edit the eligibility criteria of a price component only when the Pricing Eligibility check box is selected.
      		 Yes (Conditional)
      Note: This field is required for specifying the eligibility criteria of the price component for the price item pricing.
  2. Modify the required details in the Projected Pricing zone.
  3. Click Save
    The changes made to the proposed price item pricing are saved.

Related Topics

For more information on... See...
Projected Pricing zone Projected Pricing
Pricing and Commitments screen Pricing and Commitments