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Negotiated Base Rate
To calculate the negotiated rates applied on the base rate of the usage resource, use the Negotiated Base Rate element. The negotiated base rate element uses the Asset Rate lookup table to determine if rates were negotiated. If rates weren't negotiated, the element uses base rates.
Required Editions
| Available in: Lightning Experience |
| Available in: Enterprise, Performance, Unlimited, and Developer Editions with the Revenue Cloud Advanced license |
Negotiated Base Rate Variables
Map the variables in the Asset Rate 2 lookup table to the relevant context tags.
Input Rule Variables
| Parameter Name | Mapped Context Tag | Context Tag’s Description |
|---|---|---|
| Asset Rate Card Entry ID | Asset | The ID of the asset record that's related to the sellable product that the usage resource is associated with. |
Output Rule Variables
| Parameter Name | Mapped Context Tag | Context Tag’s Description |
|---|---|---|
| Negotiated Rate | Create a custom tag | The negotiated rate applied to the base rate of the usage resource under the asset. |
| Rate Card Entry: Rate | Create a custom tag | The original rate derived from the rate card entry. |
| Rate Card Entry: Rate Unit of Measure Name | Create a custom tag | Enter the standard unit of measure related to the rate card entry. |
Input Variables
| Parameter Name | Mapped Context Tag | Context Tag’s Description |
|---|---|---|
| Base Rate Field | Predefined constant | The field name refers to the rate column of the selected base rate. |
| Quantity | OverageQuantity | Specify the quantity of the line items used in the transaction. |
| Negotiated Rate Field | Predefined Constant | The field name refers to the negotiated rate column of the selected base rate. |
Output Variables
| Parameter Name | Mapped Context Tag | Context Tag’s Description |
|---|---|---|
| Base Rate | NetUnitRate | The total rate of the usage resource. |
| Subtotal | TotalAmount | The subtotal rate for a usage resource. |
- Add the Negotiated Base Rate Element
Here’s how you can add the Negotiated Base Rate element to your rating procedure.
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