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Pricing Status for Customer Agreed Pricing (Doc ID 2805309.1)

Last updated on SEPTEMBER 21, 2021

Applies to:

Oracle Financial Services Revenue Management and Billing - Version 2.8.0.0.0 and later
Information in this document applies to any platform.

Goal

On : 2.8.0.0.0 version, ENV - Environment

Pricing Status

Customer Agreed Pricing Use cases:

Sales proposed prices to customer and these prices are added in ORMB as Future date ( Now as Active / Draft )
Expected is : Proposed.

If Proposed prices are agreed, change the Proposed prices to Active .
In case of Reject from customer, agreed prices are rollbacked (Reject/Inactive) and should not be used in Billing

Please provide details on how to set up different pricing status when customer /Account Agreed /Standard Price sheet product prices are set up in ORMB.

Note : These statuses are required at price assignment level.

PS : PRICE_STATUS_FLG Lookup hold different statuses but Effective Pricing / New Price Set up UI do NOT show these fields.
 

Solution

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In this Document
Goal
Solution
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