Price Ruleset enables you to adjust prices for various products through rules, manage special offers, promotions, and discounts based on specific attributes. It can contain multiple rule entries and be dimensional like Price Matrices. You can apply line item and summary pricing adjustments, supporting strategies like discounting rules, promotional pricing, and aggregate adjustments based on Product Family.

For example, if you want to apply a 20% promotional discount on all products within a specific category during a holiday sale, you can achieve this using a Price Ruleset.

To create a price ruleset

  1. Go to ADMIN SETUP > Pricing Administration > Price Rulesets to create a price ruleset.
  2. Click Create New to view New Price Ruleset pop-up window.

  3. Enter the following details:

    FieldDescription
    Ruleset NameEnter a mandatory name for the ruleset.
    SequenceEnter a mandatory Sequence in which the system will evaluate multiple rulesets. Typically, you will perform line item adjustments first and then any summary adjustments.
    DescriptionEnter a description for the ruleset.
    Effective Date

    This field is visible only if you turn the Enable Date Range in Rule Entry setting on.

    Select an effective date for the rule. It is a mandatory field.

    Expiration Date

    This field is visible only if you turn the Enable Date Range in Rule Entry setting on.

    Select an expiration date for the rule. It is a mandatory field.

    ActiveTurn this setting on to set the ruleset as active.
    Stop Processing More RulesTurn this setting on to indicate that if the ruleset is satisfied, CPQ does not process any more rules.
    Enable CurrencyTurn this setting on to use the currency for the ruleset.
    Currency

    This field is visible if you turn the Enable Currency setting on.

    Click the dropdown to select the desired currency from the list.

    If the Quote currency differs from the selected currency, the system applies currency conversion to the Price Ruleset.

  4. Click Save to save the new price rule. A price rule is created and you are redirected to the price ruleset details page.
  5. On the Details tab, you can update the details if required.
  6. Click the Condition & Charge Type Criteria tab and enter the following details:
  7. Under the Conditions section:
    1. In the Price List field, search and select a price list.
    2. Click the Product Family drop-down to select a product family.
    3. On the Product Category field, search and select a product category.
    4. On the Product Group field, search and select a product group.
    5. Click the Category drop-down to select a category.
    6. Click the Charge Type drop-down to select a charge type.
  8. Under the Application section:
    1. Application Level: Select a level to which this ruleset will be applied. The supported values are:
      • Line Item: Selecting this will apply the line item adjustment within the line item net price in the shopping cart.
      • Bundle: Selecting this will apply the adjustment to a bundle and its options and the adjustment is displayed in the Totals tab in the shopping cart.
      • Aggregate: Selecting this enables the Application Method field.
    2. Application Method: This field is enabled if you selected Aggregate from the Application Level drop-down list. This indicates that you want the adjustment to select products in aggregate but apply an adjustment as a summary line in the Totals tab or spread the adjustment over numerous products. The supported values are:
      • Apply to Line Items: Applies the adjustment to line items on the cart.
      • Create Summary Lines: Applies the adjustment as a summary line in the Totals tab on the cart.
  9. Under Charge Type Criteria, add a criteria. This allows you to set criteria for a line item rule or a bundle, depending on the Application Level you have selected, such that the ruleset only applies when it satisfies a line level field value or a product attribute value.
    1. Click Rule Set Criteria. The Charge Type Criteria pop-up is displayed.
    2. On the Line Items tab, enter the following details:
      1. Field: Search and select a field on the product. You can select custom fields also.
      2. Operator: Click and select an operator from the dropdown list.
      3. Value: Enter a value.
      4. Click Add Criteria to add one more criteria.
      5. Click the remove icon to remove a criteria.
      6. Click Remove All to remove all criteria
      7. Turn the Logic button on and enter a value in the Logic field when you add multiple criteria.
      8. Click Save.
    3. On the Product Attributes tab, enter the following details: 
      1. Field: Search and select a field on the product. You can select custom fields also.
      2. Operator: Click and select an operator from the dropdown list.
      3. Value: Enter a value.
      4. Click Add Criteria to add one more criteria.
      5. Click the remove icon to remove a criteria.
      6. Click Remove All to remove all criteria
      7. Turn the Logic button on and enter a value in the Logic field when you add multiple criteria.
      8. Click Save.
    4. Click Save on the price ruleset details page.

To delete a price ruleset

  1. Go to ADMIN SETUP > Pricing Administration > Price Rulesets. The Price Rulesets page is displayed.
  2. Search for the price ruleset you want to delete.
  3. Click the ellipsis icon  next to the price ruleset name and click Delete. The Delete Price Ruleset pop-up is displayed.
  4. Click Confirm.