Prices

Note: Access to the Price Management screen requires the role 'Configuration/Prices' (see Roles).

Price decks are spreadsheets containing sets of prices that can be applied to individual product streams within a project. One of the main advantages of using price decks over local prices is that price decks allow you to maintain a corporate price library that is transparent and robust, helping to ensure that projects are evaluated using a consistent and approved pricing policy.

Furthermore, each price deck can contain several different scenarios. When a price deck is created, it uses the default 'Base' scenario and more scenarios can be added as needed (for example, high, low and hurdle price scenarios).

The Price Management screen is used to create and edit the global price decks for the Planning Space applications Dataflow and Economics. The decks are shared between the applications, and the management screen can be opened in either application.

The global price decks are assigned to Economics hierarchies in the Manage Inputs workspace. The hierarchy takes its own independent copy of a global price deck, via the Replace Price Deck function. This local copy can be renamed, and its contents can be edited. (See Replace a price deck.) Note that any local changes cannot be stored if the deck is replaced by a new copy of a (same or different) global price deck.

The Bulk Push to Hierarchies function allows for price decks in multiple hierarchies to be updated (replaced) by the current version of one specified global deck. Detecting which hierarchies should be changed is based on the global deck name and the local deck name being identical. (See Bulk push price decks to hierarchies.)

Price Management

To open Price Management, click the Prices button in the Home tab on the ribbon. When this screen opens, a new tab called Price Management is added to the ribbon (see Price Management). The panel on the left contains the list of existing global price decks. When you open a deck, it will be displayed in a separate sub-tab and the Price Deck Home and Spreadsheet tabs will be added to the ribbon.

For instructions on how to create a global price deck, see Create a new price deck.

Note: There is a limitation on paste operations in a prices spreadsheet when the clipboard contents are copied from an external source (e.g., Microsoft Excel); in this case there is a maximum of 256 columns that can be pasted in one operation.

Change record

When you save a global price deck, you will be prompted to enter comments in a change record explaining why changes have been made; these comments are then shown in the Currency Deck History window (see View history of price deck changes). Every time you save, a revision of that price deck is created; you can select a particular revision from the menu on the ribbon.

Note: Stored revisions can be viewed but not edited.

Security permissions for folders in Price Management