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Rate Model | How it works | Applicable for Product Classification | Calculation Logic | Example |
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Flat Rate | Applies a single fixed price. | Expenses | Final price is based on the base amount | Setup fee: €20 |
Flat Rate, Quantity Based
| Applies a single fixed price based on the quantity of the product, which starts from a base rate and can be modified as the quantity increases, by using a multiple tiers table. If used for termed services, then the logic changes according to the number of the distributors. The quantity of the service will be measured based on the number of authorised distributors of the service. The service will be billed only once, taking into consideration the applicable price.
| Termed services, physical goods | Not cumulative; If the quantity falls into multiple tiers , then the final price is equal to the price of the highest level . If the quantity does not fall into any quantity range, then the final price is equal to base rate price | A channel available from multiple TVs (rooms in the house with different decoders):
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Flat Rate, Duration Based | Applies a single fixed price based on the duration of the services, which starts from a base rate and can change as the duration required to provide the service increases, by using a multiple tiers table. | One-time services | Not cumulative; If the duration falls into multiple tiers, then the final price is equal to the flat rate price of the highest level. If the duration does not fall into any quantity range, then the final price is equal to the base rate price | Installation service: for 1 hour the charge is €10 and from 2 to unlimited hours the charge is €8 then:
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Tiered Rate, Quantity Based | Applies a price which starts from a base rate and can progressively change as the quantity increases, using a price table made up of multiple tiers. | Termed services, physical goods
| Cumulative; If the purchase of a product falls into multiple tiers, then the final price is calculated by adding up the base rate and the rates of each tier. If the duration does not fall into any quantity range, then the final price is equal to the base rate price | Antenna: If for 1 antenna the price is €10 and from 2 to unlimited units the price is €8 then:
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Tiered Rate, Duration Based | Applies a price which starts from a base rate and can progressively change as the duration required to provide the service increases, using a price table made up of multiple tiers. | One-time services | Cumulative, If the duration of the service falls into multiple tiers, then the final price is calculated by aggregating the base rate and the rates of each tier. | Installation service: for 1 hour the charge is €10 and from 2 to unlimited hours the charge is €8 then:
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Tiered Rate, Maturity Based | Applies a price which starts from a base rate and progressively changes as the subscription maturity (age length) increases, using a price table made up of multiple tiers.
| Termed services | Cumulative; If the subscription age falls into multiple tiers, then the final price is calculated by adding up the base rate and the rates of each tier. | Channel: if for the first month the channel is for free, from the second to third month is €10 and then until binding end is €20 then
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Price
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plan fields
This table contains an explanation of the sections of price plans Data Entry page, a description of the usage of its fields and additional information.
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Adding a new product rate to existing price plans
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While you cannot change price plans that are already in use you can use Add New Product action to define rates for new products to existing price plans. An alternative to this, is to add the product to an existing price plan when creating the new product directly from the Products data entry page.
- Click on the name of the plan you would like to add a new product rate to go to the Data Entry page.
- Click on Actions > Add New Product from the Actions Menu.
- Use Quick Search or click on the magnifying glass to search for the product .
- In the modal provide all the necessary information for the creation of the Product as explained in the fields table.
Creating a conditional price plan
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Defining product bundle pricing
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A product bundle is a product which is made up of multiple component products; for example an offering to a customer where a single package includes multiple channels.
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Applying business flows on price plans
Bulk adjustment of rates based on tax changes
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Tax changes don't need to be a big hassle. Price Plan Adjustment Run Definitions allow you to define rules that will be used to adjust all affected price plan rates whenever vat or tax rates changes.
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