1. Pricing User Guide
  2. Pricing Maintenances & Pricing Value Pickup
  3. Maintenances
  4. Pricing Code

Pricing Code

The Pricing Code screen allows users to maintain basic charge and tax details in the ‘Pricing Code Maintenance’ screen. Multiple components can be defined for a Pricing code. The Pricing Code is linked at Network currency preferences.
  1. On Homepage, specify PPDCDMNT in the text box, and click next arrow.
    Pricing Code Detailed screen is displayed.

    Figure 3-1 Pricing Code Detailed

    Description of Figure 3-1 follows
    Description of "Figure 3-1 Pricing Code Detailed"
  2. On Pricing Code Detailed screen, specify the fields.
    For more information about the fields, refer to field description below:

    Table 3-1 Pricing Code Detailed - Field Description

    Field Description
    Host Code System defaults the host code of transaction branch on clicking ‘New’.
    Pricing Code Specify the Pricing Code.
    Description Specify the Description on the Pricing Code.
    Pricing Details --
    Component Name Specify the Pricing Component Name.
    Component Description Specify the Component Description.
    Pricing Currency Specify the Pricing Currency for charge/tax. Alternatively, you can select the pricing currency from the option list. The list displays all valid Currency Codes maintained in the system.
    Exchange Rate type Specify the Exchange Rate to be used for charge currency conversion. Alternatively, you can select the Exchange Rate Type from the option list. The list displays all valid values.
    Tax Check this box, if the component maintained is for tax computation.
    Tax Type Select the Tax Type from the following:
    • Null (Default)
    • INTERSTATE
    • INTRASTATE

    Tax Type can be selected as INTERSTATE / INTRASTATE only when the Pricing Currency is selected as INR.

    Note:

    The GST Processing for Tax Types are derived as follows based on the GST State and Transaction Branch defined:
    • If the GST states derived are same, only INTRASTATE components are applicable.
    • If the GST states derived are different, only INTERSTATE components are applicable.

    For more details on GST related maintenance, refer to Payments Core User Guide.

    Pricing Basis This field is applicable for tax components only. Any charge component which is already maintained for the pricing code is allowed as basis element for tax.

    Note:

    Pricing Basis for a charge component is considered as transfer amount always. Specify the value specifically.
    Accounting Code Specify the Accounting Code for pricing liquidation.

Parent topic: Maintenances