Setting the Parameters for a Price Item or Price Item Bundle

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

Prerequisites

To set the parameters for a price item or price item bundle, you should have:

  • Parameters (where the Parameter Usage field is set to Pricing) associated with the price item or price item bundle

Procedure

To set the parameters for a price item or price item bundle:

  1. Click the Search (The Search Icon) icon corresponding to the Price Item Parameters field.

    The Price Item Parameters screen appears. It contains the following fields:

    Field Name Field Description
    Price Item Indicates the price item or price item bundle for which you want to set the parameters.
    Description Displays the description of the price item or price item bundle.

    In addition, this screen contains the following fields in a grid:

    Field Name Field Description Mandatory (Yes or No)
    Price Item Parameter Indicates the parameter which is associated with the price item or price item bundle.
    Note: Here, the system displays the price item parameter where the Parameter Usage field is set to Pricing.
    Not applicable
    Mandatory Indicates whether the parameter is mandatory while defining the price item pricing. The valid values are:
    • Yes

    • No

    Not applicable
    Priority Indicates the priority in which optional parameters should be considered while determining best fit price for the price item or price item bundle.
    Note: The priority for all parameters which are mandatory is set to 0.
    Not applicable
    Parameter Value Used to specify the parameter value.
    Note:

    If the parameter value type is Predefined or Reference, the Search (The Search Icon) icon appears corresponding to the Parameter Value field. On clicking the Search icon, you can search for a parameter value.

    You can specify any special characters except ampersand (&), comma (,), underscore (_​), equal to (=), tilde (~), and semi-colon(;) in the parameter value.

    Yes (Conditional)
    Note: This field is required when you want to determine pricing for the price item or price item bundle based on the parameter.
  2. Enter the required details in the Price Item Parameters screen.
  3. Click OK.
    A comma-separated list of values appear in the Price Item Parameters column corresponding to the price item or price item bundle. The order in which parameter values appear in the price item parameter information string is controlled by the display order (which is defined while associating a parameter with a price item).
    Note: The value specified for a parameter whose value type is set to Adhoc is validated using the validation algorithm attached to the respective parameter.

Related Topics

For more information on... See...
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