Creating pricing groups

Pricing groups are used to attach large numbers of inventory companies, inventory locations, or requesting locations to contracts without having to specify every company or location on the contract.

Pricing groups can be attached to contract participants, contract tier members, and contract distributor pricing members.

  1. Sign in as Administrator and select Contract Management > Pricing Groups.
  2. On the Create Pricing Groups tab, click Create.

    Pricing groups can also be created on the View Pricing Groups tab.

  3. Specify Contract Group, Pricing Group, and Description.
  4. Specify this information:
    Pricing Group Type
    Select a pricing group type to indicate whether the group is company or location related. Companies and locations cannot be mixed on contracts. All records that are associated with a single pricing group must be of a single type.
    Active
    This field is used to determine whether a Pricing Group can be attached to a Contract or whether a Pricing Group that is attached to a contract is used for cost defaulting.
  5. Click Save.