Pricing templates
A pricing template is a reusable instance that outlines the services and occurrences entitled to financial compensation, billing methods, and other details. Preconfiguring pricing templates simplifies contract design since you do not have to set up pricing details from scratch for every vendor.
In CTMS, all the available templates are listed under Financial Management > Pricing Template with their details as explained in the following table.
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Column |
Details |
|---|---|
|
Template ID |
Represents a unique identifier of the pricing template assigned to it by the system. |
|
Template Name |
Represents the name of the pricing template. |
|
Version |
Represents the currently effective version of the pricing template. Versioning is intended to keep track of pricing template amendments and distinguish which version is used by a certain contract. |
|
Description |
Represents auxiliary details for the pricing template. |
|
Currency |
Represents the currency in which all the payments are to be made according to this template. |
|
# of CTA in Use |
Represents the count of contracts that use the current version of the pricing template. Select the number to open the CTA in Use dialog and see the contract details. 
Figure 2. Referencing contracts that use template
|
|
Last Updated |
Represents the date, time, and time zone indicator of when the latest changes were made to the pricing template. |
|
Updated by |
Represents the name of the system user who introduced the latest changes to the pricing template. |
|
Status |
Represents the current activation status of the pricing template:
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In the following sections, you can learn how to manage your pricing templates: