Price Plans Getting Started

What Comes First

To start using Price Plans configure the System to support your business model. In the following table, you can find the modules related to Price Plans. Unlike other modules, Price Plans, do not have a configuration section. All you need to do is work with the Price Plan module available under Billing Application.

Sub-module	Type	Classification	Navigation	Dig In
Base Price Plan	Application		BILLINGPRICE PLANSMANAGE PRICE PLANS	Price Plans
Conditional Price Plans	Application		BILLINGPRICE PLANSMANAGE PRICE PLANS	Price Plans
Billing Term Scheme	Configuration		CONFIGURATIONBILLING APPLICATIONBILLINGSET UP BILLING TERM SCHEMES	Prepaid Subscriptions Normal Subscriptions Jobs

Step 1: Setting up Base Price Plans

Start by configuring the Base Price Plans. 

A Base Price Plan provides Rates for each included Service or Physical Good. Use Base Price Plans to define the basic price rates for each of your Products. You can also define additional rates for each Product that can be applied based on the period or their quantity. View the models below.

Price Plan Rates are grouped together through Price Plan Rate Classifications, based on the characteristics of the Services that they relate to:

• One Time Service Rates: Rates related with Services that will be charged only once based on their duration. e.g. Installation Service - €10/hour.
• Expenses Rates:  Rates related with Services that are provided and billed just once for a fixed amount of money. e.g. Start-Up fee - €30.
• Termed Service Rates: Rates related with Services that will be charged on a recurring basis based on their quantity and not their usage:  e.g. Fox News - €2/month.
• Physical Goods Rates: Rates related with Physical Goods. e.g. Decoder - €50.

Additionally, you can define Tiered Rates to both Flat Rate and Tiered Rate Models

• Flat Rate Model, Tiered Rate Levels
  

  This model is NOT cumulative; if the quantity falls into multiple Flat Rate levels, then the final price is equal to the Flat Rate price of the highest level. If the quantity does not fall into any quantity range, then the final price is equal to the Base Rate Price.

  
  For example, if from 1 to 1 unit the price is €10 and from 2 to unlimited units, the price is €8 then: 
  • A Service distributed once will be billed €10 
  • A Service distributed twice will be billed €8 (8*2)  
  • A Service distributed more than two times will again be billed €8 (8*x)  

• Tiered Rate Model, Tiered Rate Levels
  This model is 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.
  

  For example, if from 1 to 1 the price is €10 and from 2 to unlimited, the price is €8 then:

  
  
  • A Service distributed once will be billed €10
  • A Service distributed twice will be billed €18 (1*10) + (1*8)
  • A Service distributed three times will be billed €26 (1*10) + (2*8)

Using the above information add all of your Services and Physical Goods to the Price Plan.

Step 2: Setting Up Conditional Price Plans

Conditional Price Plans are not mandatory as the Product rates can be taken from the Base Price Plans. A Conditional Price Plan is always associated with a Base Price Plan.  In case the Conditional Price Plan conditions are violated and cannot be applied for billing then the rates are taken from the Base Price Plan.

A Conditional Price Plan allows you to provide different (usually discounted) rates on groups of customers that can be distinguished by common characteristics. For example, you can have a Conditional Price Plan that will apply a 0 rate for all of the Products, if the customer is classified as a VIP.

Conditional Price Plan conditions are divided into two categories: 

• Conditions to select a Price Plan
  Applicable when creating or modifying a Subscription or Job.
• Conditions to apply a Price Plan
   Applicable during the actual billing of a Subscription or Job.

Step 3: Setting up Billing Term Schemes

Once Price Plans are created, they must be added to the Billing Term Schemes from where will be selected (Billing Term Schemes are chosen when creating Subscriptions on Jobs.  The appropriate Price Plans are made available depending on the selected Billing Term Scheme.

Configure the following section accordingly:

•  Billing Term Schemes- Allowed Attributes: Add the created Price Plans to the Price Plans Allowed Attributes tab and select which one will be set as the default. 
  

Do It Yourself!