Parameter

The pricing for a price item may differ depending upon various transaction, person, account, or product attributes. Oracle Revenue Management and Billing provides a facility to define pricing for a price item based on multiple parameters. In addition, you can define the pricing, price list, and product eligibility criteria using one or more parameters.

Each parameter must be mapped to the following:

• Source Entity - Indicates the entity from where the parameter value is derived. A source entity can be account, person, product, transaction, service quantity identifier, or an algorithm.

• Source Type - Indicates the type of source from where the parameter value is derived. A source type can be field, characteristic, usage amount, or usage counter.

• Source Type Code - Indicates the source (such as, field, characteristic, usage amount, usage counter, SQI, or algorithm) from where the parameter value is derived.

The system allows you to define the following types of parameters:

• Adhoc - Used to store an adhoc value.

• Predefined - Used to store a predefined value. For example, you can create a parameter named Country where the value type is set to Predefined and the following predefined values are added in the parameter:

  Parameter Value	Description
  AUT	Austria
  AUS	Australia
  CAN	Canada
  CHN	China

  In such case, while defining the pricing for a price item using the Country parameter, you can use any one of the above mentioned parameter values.

  Another example, you can create a parameter named Health Coverage Class where the value type is set to Predefined and the following predefined values are added in the parameter:

  Parameter Value	Description
  MEDICAL	Medical
  DENTAL	Dental
  VISION	Vision

  In such case, while defining the pricing for a price item using the Health Coverage Class parameter, you can use any one of the above mentioned parameter values.

• Reference - Used to store a value which is already present in a table. For example, you can create a parameter named Country where the value type is set to Reference and the reference entity is set to CI_​COUNTRY_​L (i.e. where the description of all countries is stored). In such case, while defining the pricing for a price item using the Country parameter, you can specify a country which is present in the CI_​COUNTRY_​L table in the parameter value.

Parent Topic: Pricing Management