Contract adjust price wizard
Use the Adjust Prices wizard to increase or decrease the prices of a contract for a new period, for example for the annual price change. The wizard closes the current prices and creates new contract detail lines with the adjusted prices, so the old prices remain available for orders that are already priced.
To start the wizard, open the contract, choose Functions, and then choose Adjust Prices. The wizard has five steps.
Note
If your contract uses Contract Detail Line Prices, you can also use Adjust (Journal). The journal lets you review the proposed prices before you implement them. See Contract Journal.
Step 1: New duration
Enter the New Valid From Date and the New Valid To Date of the new prices.
Tip
- The valid to date of the current contract detail lines must be a date in the distant future, for example 31-12-9999.
- The wizard creates new contract detail lines with the new valid from and valid to date.
- On the current contract detail lines, the valid to date is set to the new valid from date minus one day.
Step 2: Set filters
| Option | Description |
|---|---|
| Agreement(s) filter | By default, the current contract. Adjust the filter to include other contracts. |
| Agreement Line(s) filter | Don't change this filter unless you have a reason to. |
| Agreement Detail Line(s) filter | Enter a filter on Service No. and Line Type. The wizard doesn't work without a filter on the service. |
| Update Surcharges and Discounts | Also adjust the prices of contract detail lines without a contract line, and of surcharges and discounts. |
Step 3: Method of adjusting
Select how to adjust the prices:
- Continue without choosing a method: only the duration is adjusted, and the prices stay the same.
- Update prices with a fixed amount: enter new prices.
- Increase prices with a fixed amount: enter the amounts by which the prices increase.
- Adjust price with a percentage: enter a percentage and select a Rounding Method.
Note
Graduated prices can only be adjusted with a percentage.
Step 4: Value to adjust
Enter the values for the method you selected. For a percentage, enter the Adjustment (%). For a fixed amount, enter the Fixed Price, the Price per unit, the Max Price, and the Min Price that you want to change. Turn on Do not update 0-lines to skip lines whose amount is zero.
Step 5: Finish
Choose Finish to adjust the contract detail lines.
Tip
To check the results, remove the filter on the field Valid To Date on the contract detail lines.