Posted on March 28th, 2007 by Sanjit Anand | Print This Post
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Some time back, I had opportunity to work some conversion in oracle pricing module; Though It was pretty simple task for mine only price list and qualifier need to convert. A week back, when a friend of mine asked some information about Pricing Module, I thought to share the information, which I collected at that time. So here are the lists of Application Program Interfaces (APIs) that Oracle Pricing has. These APIs can be used in custom programs or for doing conversion or migration activity for using some of the pricing functions.
- QP_Price_formula_PUB.Get_Price_Formula (Formula Calculation API): The Formula Calculation package consists of entities to calculate the value of a formula.
- QP_Price_formula_PUB.Process_Price_Formula (Update Formula Prices API): The Update Formula Prices package consists of entities to update formula prices.
- QP_CUSTOM.Get_Custom_Price (Get Custom Price API): You may add custom code to this customizable function. The pricing engine while evaluating a formula that contains a formula line (step) of type "function" calls this API.
- QP_PREQ_GRP.Price_Request (Price Request API): The Price Request Application Program Interface (API) is a public API that allows you to get a base price and to apply price adjustments, other benefits, and charges to a transaction.
- QP_MODIFIERS_PUB.Process_Modifiers (Business Object for Modifier Setup API): The Business Object for Modifier Setup package consists of entities to set up modifiers.
- QP_QUALIFIER_RULES_PUB.Process_Qualifier_Rules (Qualifiers API): The Qualifiers package consists of entities to set up qualifiers.
- QP_ATTR_MAPPING_PUB. Build_Contexts (Attribute Mapping API): The Attribute Mapping package consists of entities to map attributes.
- QP_Price_List_PUB.Process_Price_List (Price List Setup API): The Price List Setup package consists of entities to set up price lists.
I hope this information given above will be useful in your Oracle Advanced Pricing endeavors.
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Posted on March 25th, 2007 by anand | Print This Post
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It provides an advanced, highly flexible pricing engine that executes pricing calculations for Oracle Order Management. Some of the features which Pricing allows you are:
- Apply a surcharge
- Discounts by percentage or amount
- Calculate the price of order lines using list prices specified in price lists and pricing formulas.
- Apply price modifiers/qualifiers that you define to a line.
- Calculate freight charges and show it as a separate component in Order Management
Concepts in pricing
Price lists are essential to ordering products because each item entered on an order must have a price. Each price list contains basic list information like price list name, effective dates, currency, pricing controls,rounding factor,shipping defaults such as freight terms and freight carrier,and one or more pricing lines, pricing attributes.
Formulas are mathematical expressions that the pricing engine uses to determine the list prices of items and the discounts that apply to those items.
Price List Qualifiers/Modifiers
Price List Qualifiers/Modifiers Modifiers enable you to setup price adjustments (for example, discounts and surcharges) and freight and special charges (modifier lists) that the pricing engine applies immediately to pricing requests.Using modifiers you can:
- Setup a modifier list with multiple modifier lines
- Create eligibility rules for modifiers by assigning list and line level qualifiers
- Qualifiers help the pricing engine to determine who is eligible for the modifier.
Pricing attributes are characteristics of products and services that specify when the characteristics help to determine the price of a product or service. Distance, age of a related product, customer class, product family group, and level of service are examples of pricing attributes. You can specify one or a combination of pricing attributes and assign them to a product. At order entry time, the pricing engine evaluates the attributes you have specified during formula setup to calculate the price.
Steps for pricing an order
- Create a price list (one time)
- This includes creation of price list headers and lines(which associates items to a particular price)
- Create pricing formulas (optional)
- Create price list modifiers/qualifiers (optional)
- Create an order.
- Attach the price list to that order.
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