Create Dynamic Standalone Selling Price and Revenue Allocation Rules
- Security: These domains in the Advanced MEA Allocation functional area:
- Process: Advanced MEA Allocation
- Set Up: Advanced MEA Allocation
You can create dynamic standalone selling price (SSP) rules to configure flexible, formula-based pricing for multiple-element revenue allocation. You can use these rules to calculate SSPs based on fields related to various business objects in Workday, such as Customer Contract Line and Sales Item.
- Access theCreate Dynamic SSP and Revenue Allocation Rulereport.You can also access this report from theRuleprompt on theMaintain Standalone Selling Price Listsreport.
- Enter a name for your rule.
- In theIfsection, click the edit icon to build your conditions.
- Complete these options:
Option Description FieldSelect a field to evaluate as part of the rule.OperatorsSelect an operator to evaluate the value of your selected field.ValueEnter a value based on your selected operator. - (Optional) To add nested group conditions, click+ ANDor+ OR (Nested Group).
- In theThensection, select 1 of these options to define the SSP calculation for this rule:
Option Description AmountEnter a fixed number in theValuefield.PercentSpecify a percent of a field.Example: To specify 10 percent of the contract line amount, enter10in theValuefield and selectContract Line Amountfrom theFieldprompt.FormulaUse fields and numbers to build the formula. To add:- A field, clickSelecton your desired field on theFieldstab. For specific fields, you can select a function. Examples:SUM,AVG.
- A number, enter a value and clickApplyon theNumbertab.
- An operator, click an operator icon.
- ClickDoneandSave.
You can add the rule to an SSP list.
You want to create an SSP rule for a new Global Modern Services (GMS) Training Subscription product that takes its selling price less 15 percent. You access the
Create Dynamic SSP and Revenue Allocation Rule
report and name your SSP rule: Training subscription selling price - 15%
.In the
If
section of the rule builder, you define these conditions:Configuration | Value |
|---|---|
Field
| Sales Item
|
Operators
| in the selection list
|
Value
| GMS Training Subscription
|
In the
Then
section, you add a Formula
that takes the selling price minus 15 percent: SUM(Customer Contract Line.Contract Line Amount) - (0.15 * SUM(Customer Contract Line.Contract Line Amount))
.You can add the rule to an SSP list on the
Maintain Standalone Selling Price Lists
report. See Create Standalone Selling Price Lists.You can also use these reports to create, edit, or delete SSP rules:
- Create Dynamic SSP and Revenue Allocation Rule
- Delete Dynamic SSP and Revenue Allocation Rule
- Manage Dynamic SSP and Revenue Allocation Rule