Current License List Rate - Price Level on Contract

This pricing model calculates the contract value based on the price level set on the contract's source transaction and its corresponding price specified on the item record. If a custom price level is specified on the source transaction (that is, contract price level is blank), the base price on the item record is used to calculate the contract value.

For information about the contract value fields on a contract record, see Contract Fields.

Field	Has a Contract Price Level	Annual Term	Formula
Contract Value (Customer Primary Curr)	No	Yes	`(currentLR/12) * (1-origDC) * qty * ciTerm`
No	No	`currentLR * (1-origDC) * qty * ciTerm`
Yes	No	`contractLR * (1-origDC) * qty * ciTerm`
-	-	`contractLR = contractLR /exchangerate` Note: This formula is used when the Multiple Currencies feature is enabled.
Contract Value (Base Curr)	No	Yes	`(currentLR/12) * (1-origDC) * qty * ciTerm`
No	No	`currentLR * (1-origDC) * qty * ciTerm`
Yes	No	`contractLR * (1-origDC) * qty * ciTerm`
Annual Contract Value (Gross)	No	Yes	`(currentLR/12) * qty * annualTerm`
No	No	`currentLR * qty * annualTerm`
Yes	No	`contractLR * qty * annualTerm`
Annual Contract Value (Net)	No	Yes	`(currentLR/12) * (1-origDC) * qty * annualTerm`
No	No	`currentLR * (1-origDC) * qty * annualTerm`
Yes	No	`contractLR * (1-origDC) * qty * annualTerm`
Annual Renewal Value (Gross)	-	-	`origLR * qty * 12`
Annual Renewal Value (Net)	-	-	`origLR * (1-origDC) * qty * 12`
Renewal Term Renew Value (Gross)	-	-	`origLR * qty * contractRenewalTerms`
Renewal Term Renew Value (Net)	-	-	`origLR * (1-origDC) * qty * contractRenewalTerms`

Field

Has a Contract Price Level

Annual Term

Formula

Contract Value (Customer Primary Curr)

Yes

(currentLR/12) * (1-origDC) * qty * ciTerm

currentLR * (1-origDC) * qty * ciTerm

Yes

contractLR * (1-origDC) * qty * ciTerm

contractLR = contractLR /exchangerate

Note:

This formula is used when the Multiple Currencies feature is enabled.

Contract Value (Base Curr)

Yes

(currentLR/12) * (1-origDC) * qty * ciTerm

currentLR * (1-origDC) * qty * ciTerm

Yes

contractLR * (1-origDC) * qty * ciTerm

Annual Contract Value (Gross)

Yes

(currentLR/12) * qty * annualTerm

currentLR * qty * annualTerm

Yes

contractLR * qty * annualTerm

Annual Contract Value (Net)

Yes

(currentLR/12) * (1-origDC) * qty * annualTerm

currentLR * (1-origDC) * qty * annualTerm

Yes

contractLR * (1-origDC) * qty * annualTerm

Annual Renewal Value (Gross)

origLR * qty * 12

Annual Renewal Value (Net)

origLR * (1-origDC) * qty * 12

Renewal Term Renew Value (Gross)

origLR * qty * contractRenewalTerms

Renewal Term Renew Value (Net)

origLR * (1-origDC) * qty * contractRenewalTerms

General Notices