Price Item

The Price Item zone displays the details of the price item or price item bundle. It contains the following sections:

• Main - Displays basic information about the price item or price item bundle. It contains the following fields:

  Field Name	Field Description
  Price Item	Displays the price item or price item bundle.
  Description	Displays the description of the price item or price item bundle.
  Price Item Usage	Indicates whether the price item or price item bundle is available for pricing or pricing and billing. The valid values are: Pricing Pricing and Billing
  Price Item Type	Indicates the type of the price item or price item bundle. The valid values are: Rate Fees Note: This field appears when the Pricing option is selected from the Price Item Usage list.
  Bundle	Indicates whether the price item is a bundle. The valid values are: Yes No
  Bundle Type	Indicates the type of the price item bundle. The valid values are: Phantom Ratio Regular Note: This field appears when the Yes option is selected from the Bundle list.
  Global Price List	Indicates whether the price item or price item bundle can be assigned to a global price list. The valid values are: Yes No
  Contract Type	Displays the contract type to which the price item or price item bundle is associated.
  Price Item Manager To Do Type	Indicates the To Do type using which a To Do should be created when the deal creator or approver requests the price item manager (i.e. clicks the Send Price Items for Approval button) to approve the average price for the price item or price item bundle offered in a deal. Note: It has a link. On clicking the link, the To Do Type screen appears where you can view the details of the respective To Do type.
  Price Item Manager To Do Role	Indicates that users with the specified To Do role can approve the average price of the price item or price item bundle offered in a deal. Note that the price item manager can approve the average price when it is within the average price floor and ceil limits of the To Do role. Note: It has a link. On clicking the link, the To Do Role screen appears where you can view the details of the respective To Do role.
  Average Price Floor and Ceil Type	Indicates the manner in which you want to define the average price floor and ceil limits of the price item or price item bundle. The valid values are: Absolute Value Range Spread Amount Spread Percentage
  Sort Sequence	Displays the sequence in which the price item appears in the price item hierarchy of the deal pricing management module.
  Variable Price	Indicates whether the system inherits the pricing of the price item from the price list while orchestrating a deal in the deal management module. Note: If the Variable Price option is selected, the pricing offered for a price item to an entity in the deal is overridden when the price list pricing is changed after orchestrating the deal in the system. However, if the Variable Price option is not selected, the pricing offered for a price item to an entity in the deal is not overridden when the price list pricing is changed in the system. This enables the relationship manager to create deals for an existing customers, accounts, and prospects where the pricing of the price items are fixed for a particular timeframe.

• Record Actions - The Record Actions section contains the following button:

  Button Name	Button Description
  Edit	Used to edit the details of the price item or price item bundle.

• Record Information - The Record Information section contains the following field:

  Field Name	Field Description
  Business Object	Indicates the business object using which the price item or price item bundle is created in the system. In addition, a context menu appears corresponding to this field which helps in navigating to other screens in the application. Note: It has a link. On clicking the link, the Business Object screen appears where you can view the details of the respective business object.

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