Price Item Pricing

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

The Price Item Pricing zone displays basic information about the price item pricing. It contains the following sections:

Pricing Information - Displays information about the price item pricing. It contains the following fields:

Field Name	Field Description
Pricing Status	Indicates the current status of the price item pricing. The valid values are: Draft - Indicates that the price assignment is created as a draft. Active - Indicates that the price assignment can be used for pricing and billing. Inactive - Indicates that the price assignment is no longer available for pricing and billing. Proposed - Indicates that the price assignment is to be used for quotations. Note: The Proposed status indicates that the price assignment is defined for deal simulation and awaiting approval. Rejected - Indicates that the price assignment is rejected in the system. Template - Indicates that the price assignment is created as a template. Recommended - Indicates that the price assignment is a recommended price assignment. Note: The Recommended status indicates that the price assignment is recommended for deal simulation by the deal approver to the relationship manager.
Pricing Currency	Indicates the currency in which the price item pricing is defined. Note: It has a link. On clicking the link, the Currency screen appears where you can view the details of the respective currency.

Field Name

Field Description

Pricing Status

Indicates the current status of the price item pricing. The valid values are:

Draft - Indicates that the price assignment is created as a draft.
Active - Indicates that the price assignment can be used for pricing and billing.
Inactive - Indicates that the price assignment is no longer available for pricing and billing.
Proposed - Indicates that the price assignment is to be used for quotations.

Note: The Proposed status indicates that the price assignment is defined for deal simulation and awaiting approval.
Rejected - Indicates that the price assignment is rejected in the system.
Template - Indicates that the price assignment is created as a template.
Recommended - Indicates that the price assignment is a recommended price assignment.

Note: The Recommended status indicates that the price assignment is recommended for deal simulation by the deal approver to the relationship manager.

Pricing Currency

Indicates the currency in which the price item pricing is defined.

Note: It has a link. On clicking the link, the Currency screen appears where you can view the details of the respective currency.

Record Actions - The Record Actions section contains the following buttons:

Button Name	Button Description
Edit	Used to edit the details of the price item pricing. Note: The Edit button appears only when the price item pricing is in the Draft, Proposed, or Template status.
Delete	Used to delete the price item pricing. Note: The Delete button appears only when the price item pricing is in the Draft, Proposed, or Template status.
Submit	Used to submit the price item pricing for validation and processing. Note: The Submit button appears only when the price item pricing is in the Draft, Proposed, or Template status.