Pricing Agreements are negotiated contractual agreements with your customers. It could be for price, payment terms and freight terms.

Using Pricing agreements you can

• Set prices agreed for a customer
• Set effectivity dates for an agreements
• Set agreed freight terms
• Set agreed payment terms
• Add new items prices in an existing pricelist agreement
• Make changes/revisions to pricelist agreements
• Reference pricelist agreements on a sales order

Pricelist agreements are of two types

• Standard Price List: One pricelist for all customers with customer specific qualifiers.
• Agreement Price List: Separate pricelist agreements to each customer.

Navigate to Oracle Pricing Manager responsibility -> Pricing Agreements

price agreement creation

1 ) Enter pricing agreement name.
2 ) Enter Agreement number
3 ) Agreement revision will default to ‘1’
4 ) Revision date default to current date
5 ) Enter Revision reason – useful it we are making a new revision.
6 ) Select the Customer to which this is applicable
7 ) Select the agreement type
8 ) Select the effectivity dates for this pricing agreement

Click on the ‘Pricing’ tab

9 ) Select Pricelist type – Standard Price List or Agreement Price List
10 ) Select freight carrier and freight carrier terms

Click on the ‘Payment’ tab

11 ) Select Payment terms
12 ) Select Accounting Rule & Invoicing Rule

Navigate to Lines to enter agreement line level information.
Enter Items, price, UOM and other additional information available.