1. Pricing User Guide
  2. Pricing Maintenances & Pricing Value Pickup
  3. Maintenances
  4. Rule Based Price Value ID

Rule Based Price Value ID

The Rule Based Price Value ID screen allows users to maintain the Price Value for a price code that gets resolved.
  1. On Homepage, specify PPDRLVAL in the text box, and click next arrow.
    Rule Based Price Value ID Maintenance screen is displayed.

    Figure 3-10 Rule Based Price Value ID

    Description of Figure 3-10 follows
    Description of "Figure 3-10 Rule Based Price Value ID "
  2. On Rule Based Price Value ID Maintenance screen, specify the fields.
    For more information about the fields, refer to field description below:

    Table 3-6 Rule Based Price Value ID - Field Description

    Field Description
    Host Code System defaults the host code of transaction branch on clicking ‘New’.
    Host Code Description System defaults a Description of the Host Code selected.
    Pricing Value ID Specify the Price Value ID that has to be resolved from the Price Rule.
    Price Value ID Description Specify the Price Value ID Description.
    Price Code Specify the Price code. Alternatively, you can select the Price Code from the list of values for which the Price Value has to be defined.

    Note:

    It is mandatory to maintain a valid Price Code, which in turn lists the pricing components mapped with the pricing Code.
    Price Code Description System defaults the Description of the selected Price Code.
    Effective Date Specify the Effective Date for the Price Value ID. System allows to select the effective date as Back dated/Current System Date/ Future dated.

    Note:

    • Whenever price values are changed, the values can be maintained with a new effective date.
    • The record which is effective as on current date is applied to the transactions. If there is no record available on the current date, then latest back dated price value is applied to the transactions.
    Source Code Specify the Source Code from the list of values.
    Customer Number Specify the Customer Number from the list of values.
    Customer Service Model Specify the Customer Service Model from the list of values.
    Customer Account Specify the Customer Account from the list of values. Lists all the valid accounts of the customer selected and 'ALL' as values. If the Customer selected is 'ALL' then the account field lists only 'ALL' as value.
    Default Click on the ‘Default’ button, the system lists the pricing components available for the selected Price Code.
    Price Value Details --
    Pricing Component System defaults the Description of the Price Component.
    Component Description System defaults the Description of the Pricing Component displayed.
    Slab Based Price Select the Slab Based Price check box to specify the slab based pricing details for the Pricing Value ID.
    Repaired Transaction Price Check this box to indicate that the price value is derived only if the transaction is a repaired transaction.
    Price Amount Specify the Price Amount.
    Price Rate Specify the Price Rate Percentage.
    Amount Slab Click this button to specify Amount Slabs if Slab Based Price flag is checked. Specify the Amount Slabs for the respective Pricing Component. In the slab wise maintenance, maintain the price for normal/ repaired transactions separately.
    Min Amount Specify the Minimum Amount that is allowed for rate type charge or tax. If the calculated price is below this amount, Min Amount specified in this field is considered as Price Value.
    Max Amount Specify the Maximum Amount that is allowed for rate type charge or tax. If the calculated price exceeds this amount, Max Amount specified in this field is considered as Price Value.
    Waiver Flag If waiver flag is checked for a Pricing Component, computed price amount is not applied for the transaction.

    The Charge/Tax component marked as waived is not collected from the customer.
    Borne by This flag indicates that the fees/charges defined is taken care by the Bank. Customer is not charged for the pricing component, marked as Borne by Bank. Select the following value:
    • Bank
    • Counterparty

    Note:

    This option 'Borne By' can be maintained as 'Counterparty' for a Book transfer transactions if some of the price components are to be debited to the credit account and for outbound cross border transactions if some price components are charged to debit account even if the charge whom option is BEN.

Parent topic: Maintenances