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Adding Default Pricing to a Product
You can apply default pricing to a product from the Defaults tab. This tab enables you to apply default quantity and pricing to a product.
To apply default pricing to a product
You must have an existing price list item.
- Go to ADMIN SETUP > Pricing Administration > Price Lists. The Price Lists page is displayed.
- Click the required price list name link to open the Price Lists details page.
- Click the Price List Items tab.
- Click the advanced setup icon next to a price list item name. The price list item details page is displayed.
On the Defaults tab, enter the following details:
Field Description QUANTITY Default Quantity From Select an option from where default quantity is to be considered. If the price list item derives its default quantity from a specific attribute, when the user navigates to the catalog page and selects a product and its attribute, the default quantity of the product is derived based on a number selected from an attribute of type picklist or number. Supported values are:
- Product Configuration
- Product Attribute
Advanced Formula
Advanced Formula is not supported in July '23.
Default Quantity Field This field is dependent on the Default Quantity From field. You need to select a value for 'Default Quantity From' to enable this field.
Select a default quantity field.
Default Quantity Enter the default quantity. Is Quantity Read Only Select this to make the Quantity field non-editable on the cart. PRICE
Default Price From Select an option from where default price can be considered. Supported values are:
Advanced Formula
Advanced Formula is not supported in July '23.
- Product Attribute
Default Price Field This field is dependent on the Default Price From field. You need to select a value for 'Default Price From' to enable this field.
Search and select a default price field.
SELLING TERM
Default Selling Term Enter the default selling term.
If a product has two PLIs of Recurring type and PLI 1 has Default Selling Term mentioned on it while PLI 2 does not have Default Selling Term, then on product configuration, the selling term of PLI 2 gets auto-updated in line with the selling term of PLI 1.
When Price Type = Recurring, CPQ calculates the selling term on the cart as follows:
- If you provide the Default Selling Term (but the cart line item does not have start date and end date), CPQ calculates the selling term based on the default selling term.
- If the cart line item has start date and end date (but you do not provide the Default Selling Term), CPQ calculates the selling term based on the start date and end date.
- If you provide the default selling term and the cart line item also has start date and end date, CPQ gives precedence to the start and end dates, and calculates the selling term accordingly.
Is Selling Term Read Only Select this to make the Selling Term field non-editable on the cart. CASCADE Auto Cascade Quantity Select to automatically cascade quantity. Auto Cascade Selling Term Select to automatically cascade selling term.
Suppose you have one bundle with two options.
Option 1 has Auto Cascade Selling Term set to False.
Option 2 has Auto Cascade Selling Term set to True.If you change the bundle selling term, it will only cascade to Option 2, but not Option 1.
AUTO RENEW Auto Renew Do not use this field in June '23.
Auto Renewal Type Do not use this field in June '23.
Auto Renewal Term Do not use this field in June '23.
- Click Save before you navigate away from this tab. Otherwise, CPQ displays an error message.