The customer is billed according to the flat rate defined for each fix quantity for a product 'StarKit'. A flat rate is defined for quantity as per the following:

  • 10 units = $120
  • 20 units = $150
  • 30 units= $275
  • 40 units = $500

Steps:

PLI Configuration

  1. The first step is to configure the PLI for the Starkit. Set following values for the given fields.
    Price Type= Usage
    Frequency= Monthly
    Price Method= Flat Price
    Price UOM= Each
  2. To enable a user to modify the usage tier, select Is Usage Tier Modifiable.

Apply Price Matrix

  1. From the Price List Item tabs, open the Matrices tab and click New to add a new Price Matrix.
  2. Select Matrix Type as Dimension.
    On the Detail page,  Dimension1 as Quantity and Dimension1Value Type as Discrete.

  3. Go to Matrix Detail and list the entries as

    SequenceQuantityAdjustment AmountAdjustment Type
    110120List Price Override
    220150List Price Override
    330275List Price Override
    4999999500List Price Override

  4. The tiered pricing for this product is inherited from the Price Matrix. After defining the tiered rates, click Save. The PLI configuration for a Usage product is complete.

    Note

    A usage product is always billed in Arrears. It is recommended that you set the Billing Rule to Bill In Arrears.


    Create an order with this usage-based product. The product which is now an activated asset will have a Usage and a Billing Schedule generated automatically. Next, you should provide a Usage Input to record the usage quantity consumed within a specific duration. 

Process Usage Input

Go to Usage Inputs object.

  1. Enter the Asset Number. This asset number must match with the corresponding asset number that you have specified in the Asset Line Item Detail page.
  2. Enter a Usage Date that corresponds with the Billing Schedule.
  3. Enter the Product UOM. This value should match the value provided on the Product PLI.
  4. Ensure that Status is Loaded.
  5. Enter the Quantity and click Save.

After saving the input, click Process Usage Input to process the amount against the entered quantity.
When the usage is processed successfully, the Status will change to Rated and you will see the amount under Rated Amount. 

For example, if you specify Quantity as 10, you will see the Rated Amount as $ 120.