Current License List Rate - Price Level on Contract with Custom Price Handling

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, with the option to set a custom price on the source transaction. If a custom price level is specified on the source transaction (that is, contract price level is blank), the original list rate specified on the source transaction is used to calculate the contract value.

When a custom price is set on the contract and the Renew With item is the same as the original item, the renewal contract uses the custom price for the item on the source transaction. If the Renew With item is different, the renewal contract uses the base price of the renewal item.

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

Note:

The computation is the same for annual or non annual contract terms.

Field	Has a Contract Price Level	Formula
Contract Value (Customer Primary Curr)	No	`origLR * (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)	No	`origLR * (1-origDC) * qty * ciTerm`
Yes	`contractLR * (1-origDC) * qty * ciTerm`
Annual Contract Value (Gross)	No	`origLR * qty * annualTerm`
Yes	`contractLR * qty * annualTerm`
Annual Contract Value (Net)	No	`origLR * (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`

Field

Has a Contract Price Level

Formula

Contract Value (Customer Primary Curr)

origLR * (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)

origLR * (1-origDC) * qty * ciTerm

Yes

contractLR * (1-origDC) * qty * ciTerm

Annual Contract Value (Gross)

origLR * qty * annualTerm

Yes

contractLR * qty * annualTerm

Annual Contract Value (Net)

origLR * (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