Setup Advance Pricing on Oracle EBS R12

 Setting up Advanced Pricing in Oracle E-Business Suite (EBS) R12.3 involves several configuration steps. Here's a step-by-step guide to set up Advanced Pricing:


Step 1: Define Price Lists


Navigation: Pricing > Price Lists > Price List Setup

Define the different price lists for various customer segments or item categories.


Step 2: Define Pricing Strategy


Navigation: Pricing > Price Lists > Pricing Strategy

Create pricing strategies that determine how prices are calculated and applied.


Step 3: Define Qualifiers


Navigation: Pricing > Price Lists > Qualifiers

Set up qualifiers to define the conditions that must be met for a pricing rule to be applied.


Step 4: Define Modifiers


Navigation: Pricing > Price Lists > Modifiers

Create modifiers to define the price adjustments based on the qualifiers and pricing strategies.


Step 5: Define Pricing Segments


Navigation: Pricing > Price Lists > Pricing Segments

Create pricing segments to group together price lists, qualifiers, and modifiers for specific use cases.


Step 6: Define Price Books


Navigation: Pricing > Price Lists > Price Books

Set up price books to combine price lists and pricing segments for specific purposes.


Step 7: Assign Price Lists to Customers


Navigation: Customers > Standard

Assign specific price lists to customers or customer groups based on their agreements.


Step 8: Define Pricing Agreements


Navigation: Pricing > Price Lists > Pricing Agreements

Set up pricing agreements to define special pricing arrangements with specific customers.


Step 9: Test and Validate Pricing Setup


Create test transactions to verify that the advanced pricing setup is working as expected.


Step 10: Activate Pricing for Transaction Types


Navigation: Setup > Transactions > Transaction Types

Enable advanced pricing for specific transaction types like sales orders or quotes.


Step 11: Define Pricing Security


Navigation: Pricing > Security

Set up pricing security to control access to pricing data based on roles and responsibilities.


Step 12: Review and Adjust Pricing Setup


Continuously review the pricing setup and make adjustments as needed based on business requirements and feedback.


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