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          Price Assignment and the Industries CPQ Cart

          Price Assignment and the Industries CPQ Cart

          Before you can view a product or promotion in the product and promotion lists in the Industries CPQ Cart, you must assign it with a price. To assign a price, you create a price list entry in a price list. The price list entry combines a pricing variable with the appropriate pricing element to form the price.

          When you view the product in the product list in the cart, the product list displays the price list entry that is flagged as the base price. When the product is added to the cart, the pricing service selects the "tightest match" price list entry and apply it to the line item. The price that is applied could be any of the following options:

          • The currently effective price list entry

          • A price list entry that has a context rule that apply to the price list entry. If context rules apply to the price list entry, the context-rules altered price is different than the base price in the products list in the cart.

          • A price list entry from a specific child price list that's used as a result of a context rule. If the context rules apply to the price list, the base price shown is not different than the base price in the products list in the cart.

          If a product does not have a price list entry marked as a base price, the product's price appears as zero in the product list in the Industries CPQ Cart. However, after you add the product to the cart, the assigned price appears either in the Recurring Charge column or the One Time Charge column. As a best practice, always assign at least one base price to each product.

          Multiple Prices

          You can assign more than one price to a product by these methods:

          • Creating a price in one price list and another price in another price list.

          • Creating more than one price in the same price list, and assigning each price an effectivity date range that does not overlap with any other price list entry date ranges. For more information, see Multiple Price List Entries.

          Status and Expiration of a Price

          To use a price list entry, it must have these settings:

          • The status is Active.

          • The Effective From date is not in the future.

          • The Effective Until date is not in the past.

           
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