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Price Tracking Actions
The price tracking element performs actions to help you fetch and record your product’s price range. Based on your business needs you can perform the required action using a pricing procedure.
Required Editions
| Available in: Lightning Experience |
| Available in: Enterprise, Unlimited, and Developer Editions of Revenue Cloud where Salesforce Pricing is enabled |
| Action Type | Description |
|---|---|
| Get | This action type fetches the price of the product during a transaction. |
| Save | This action type saves the price of a product during a transaction that can be used as an input variable in the pricing procedure. |
| Save & Get | This action type fetches and saves the current recorded price of the product, as configured. |
To run the Get action type again, you must manually refresh the decision table.
Ensure Price Transparency Using the Price Tracking Element
Verify if your product prices are tracked, monitored, and captured using the Price Tracking element.
Required Editions
| User Permissions Needed | |
|---|---|
| To create, update, and delete pricing procedures: | Salesforce Pricing Design Time User |
Let's consider a scenario where an e-commerce channel wants to fetch the LaptopPro Bundle’s tracked maximum price from a transaction. You can use the Price Tracking element to fetch the tracked maximum price for the LaptopPro Bundle along with its price book, product selling model, and currency combination. This can then be displayed or used in evaluations.
- Configure a pricing procedure.
-
Click
to add the Pricing Setting element and map these variables.
- Input Variables
- Line Item: LineItem
- Output Variables
- Price Waterfall: price_water_fall
- Net Unit Price: NetUnitPrice.
- Subtotal: ItemNetTotalPrice
- Input Variables
-
Add the List Price element to fetch the base price of the product.
Under Lookup Table Details, select the Price Book Entries decision table and map these variables.
- Input Rule Variables
- Product: Product
- Price Book: PriceBooks
- Product Selling Model: ProductSellingModel
- Input Variables
- Quantity: LineItemQuantity
- Output Variables
- List Price: ListPrice
- Subtotal: ItemNetTotalPrice
- Input Rule Variables
-
Add the Manual Discount element and map these variables.
- Adjustment Type: AdjustmentType
- Adjustment Value: AdjustmentValue
- Quantity: LineItemQuantity
- Input Unit Price: NetUnitPrice
-
Add the Price Tracking element.
Under Lookup Table Details, select the Price Book Entries V2 decision table and specify the following details.
- Select Get as the Action Type.
- Map these input rule variables.
- Price Book: PriceBooks
- Product: Product
- Product Selling Model: ProductSellingModel
- Map these output variables.
- Saved Min Recorded Price: ItemRecordedPrice
- Saved Max Recorded Price: ItemMaxRecordedPrice_std
-
Click
and select Include in Output.
- Finally, set your preferences to view pricing information, profile access, and rank information.
- Save your procedure.
-
Click Simulate to test your procedure. Enter the input values for
your laptop product and click Simulate again.
The price waterfall shows the manual discounts used to calculate the final price of the laptops. However to track the saved recorded price is visible in the JSON format only.
When a pricing procedure runs or is simulated, every result is saved in the Product Price History Log entity. For each pricing calculation, if the new price is higher than the previously stored maximum price for maximum price tracking, the existing entry in the Product Price History Log entity for that specific product, product selling model, and price book combination is overwritten. This ensures that at the end of each day, only the highest price for a given product and its combination is recorded in the Product Price History Log entity.
The Product Price Range entity then stores this maximum price for a specified duration, specifically for a product, product selling model, and price book combination. This table is the primary source used when fetching price history using the Get or Get & Save actions within the system.
