Creating Pricing Structures

You can create pricing structures using the Pricing Structure tab, from a billing contract line item's detail page, or from the contract line item related list if you are using the BC Contract Line Items Lightning component.

To create a pricing structure:

  1. Do one of the following:
    • Using Lightning, navigate to the appropriate contract. If you are using the BC Contract Line Items Lightning component, click the New Pricing Structure button in the related list. Alternatively, edit the appropriate contract line item then click its Pricing Structure field and click New Pricing Structure.
    • Using Classic, click New or New Pricing Structure on the Pricing Structures tab. Alternatively, navigate to a contract line item then click New Pricing Structure.
  2. Enter a meaningful name and description for the pricing structure.
  3. Select the method by which you want to calculate the pricing type for the product:
    • Volume - If the pricing structure is volume-based, the price is applied to all units.
    • Tiered - If the pricing structure is tiered, each quantity break is only applied to the units that exceed its quantity.
  4. Select the method by which you want to calculate the usage bill for the product:
    • Total Usage – Unit prices for a billing period of a contract line item are based on the total quantity of usage from the usage records for that billing period of the contract line item.
    • Per Usage – Unit prices for a billing period of a contract line item are based on the quantity used within each usage record for that billing period of the contract line item.
  5. [Optional] If a Currency field is available, select the currency that applies to the pricing structure. When no currency is set, the pricing structure is either saved with the billing contract's currency if you are creating the pricing structure from the BC Contract Line Items Lightning component, or it is saved with your current user's currency.
  6. Now do either of the following to add quantity breaks to the pricing structure:
    • If you are creating a pricing structure from the BC Contract Line Items Lightning component, use the Add button on the current page to create up to 10 quantity breaks.
    • If you are creating a pricing structure in any other way, click Save to save the pricing structure then navigate to the new pricing structure record and use the New button in the Quantity Breaks related list to add the quantity breaks that you want.
  7. For each new quantity break:
    • Enter the lowest quantity to which the unit price applies. Each pricing structure must include a quantity break with a quantity of zero.
    • Enter the price of one item when this quantity break applies. The unit price is applied for quantities from this amount up to the next quantity break if there is one.
  8. When you have added all the quantity breaks you need, save the pricing structure.

If you are creating the pricing structure from the BC Contract Line Items Lightning component, the Save & Create Contract Line Item button is available. This button saves the pricing structure and opens the Add Products page where you select a product for a new contract line item. It does not automatically assign the pricing structure to the new contract line item.

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