Price Item Relationship

Note: This topic is not applicable for the health insurance business.

Oracle Revenue Management and Billing allows you to associate two or more price items with each other, and thereby group them for various reasons, such as reporting, billing, and so on. In other words, you can define a price item to price item relationship. The price item to which a set of price items are associated is called a parent price item. You can also create a price item bundle and then add price items to the price item bundle. The main objective behind grouping price items or creating price item bundles is to offer discounts based on the volume across price items, facilitate minimum or maximum charge calculations across price items, or offer common price across price items.

While associating a price item with a parent price item or adding a price item to a price item bundle, you need to specify how the price item is related to the parent price item or price item bundle. You can add a price item to a price item bundle using the following relationship types:

  • Bundle - Used while adding price items in the regular and phantom price item bundles.

  • Denominator - Used while adding price items in the ratio price item bundles.

  • Numerator - Used while adding price items in the ratio price item bundles.

However, you can associate a price item or price item bundle with a parent price item using the following relationship types:

  • Other

  • Custom

  • Price Item

  • Service

  • Service Group

Note:

You cannot add same set of price items using the same relationship type while defining two or more bundles with the same bundle type. For example, you cannot add P1 and P2 using the relationship type as Bundle while defining regular bundles named BUN1 and BUN2. However, you can use same set of price items while defining two or more price item to price item relationships.

If the multi parameter based pricing feature is enabled, you can add same set of price item and price item parameter combination (using the same relationship type) in more than one bundle (having the same bundle type) provided the price item parameter values are different.

The Price Item Relationship screen allows you to view the price items that are already associated with the parent price item or added to the price item bundle. It also allows you to associate or disassociate a price item or price item bundle from the parent price item, or add or remove a price item or price item bundle from the price item bundle. This screen consists of the following zone:

Related Topics

For more information on... See...
How to view the price items or price item bundles associated with a parent price item Viewing the Price Items or Price Item Bundles Associated with a Parent Price Item
How to view the price items or price item bundles added to a price item bundle Viewing the Price Items or Price Item Bundles Added to a Price Item Bundle
How to associate a price item or price item bundle with a parent price item Associating a Price Item or Price Item Bundle with a Parent Price Item
How to add a price item or price item bundle to a price item bundle Adding a Price Item or Price Item Bundle to a Price Item Bundle
How to disassociate a price item or price item bundle from a parent price item Disassociating a Price Item or Price Item Bundle from a Parent Price Item
How to remove a price item or price item bundle from a price item bundle Removing a Price Item or Price Item Bundle from a Price Item Bundle
How to filter price items or price item bundles associated with a parent price item Filtering the Price Items or Price Item Bundles Associated with a Parent Price Item
How to filter price items or price item bundles added to a price item bundle Filtering the Price Items or Price Item Bundles Added to a Price Item Bundle

Parent topic: Price Item