Price Book in R12

Price Book is a new feature in R12 Pricing , which allows customers to generate and publish documents called price books.It will allows customers to generate and publish lists of products with their related prices.
Types of Price Books:
R12 Price book feature enables us to create the below:
Full Book
We can generate a full price book that lists all products and associated prices as of a specific pricing effective date.
Delta Price Book
A delta price book as of a new pricing effective date that shows only those items whose prices changed since the last full price book was published, in addition any prices for items that were added or deleted.When we generate the delta book, it will be for the same customer and all other input criteria remaining the same.
Publishing Options:
We can publish a price book either immediately or schedule a future publishing date. Advantages of this feature as:

• Generate a hard copy or electronic copy of a price book to view and publish price lists for planning purposes or price management. This will helps the, sales representatives to have a copy of pricing available for the customers on whom they call to make a deal.

• View and publish list and net prices (the actual unit selling price and any freight charges) for all the items purchased from a vendor or sold to a customer.

Price Book is a new Pricing report that displays item list and net prices (for a specific customer) based on a specific pricing date. Within the price book, you can view details of the following:

•   List price
•   Discounts
•   Surcharges
•   Price breaks
•   Freight and special charges

The Price book accepts various inputs for the price calculation.  These inputs include

1.     Pricing effective date.
2.     Pricing attributes.
3.     Qualifiers.

In addition to the above, it also consider the below:

• Pricing Perspective (i.e, request type can be Order or Quote)
• Currency
• Customer
• Customer (account) number
• Operating unit
• Pricing effective date
• Quantity
• products

Advantages :

• Self service
• Provides for dates, customer specific information,and qualifier attributes.
• Multiple publishing options (RTF , Excel or PDF)
• Can create a delta price list and/or full price list.
• Multiple communication methods.
• Can create a delta price list and/or full price list.
• Track pricing changes.

Advantages for different stakeholder:
Customer Service – Customers often want a full listing of their list & net prices. This is an out of the box solution to publish a listing.
Sales / Product Managers – Theyreview existing prices,create a hard copy of current pricing. Review future pricing and the delta between current and future pricing.
Customers – self-service capability to generate and publish a listing of their products and related prices.
APIs to generate or retrieve a price book.
QP_PRICE_BOOK_PUB.Create_Publish_Price_Book
QP_PRICE_BOOK_PUB.Get_Price_Book
Price Book Profile Options
The price book feature uses the following profile options to define the default settings:

• QP: E-mail From Address: This profile option defines the from e-mail address for any e-mails that are sent from the price book feature.
• QP: External Default Pricing Perspective: This profile option sets the default pricing perspective for all external users.
• QP: Inbound XML Messaging Responsibility: This profile option defines the responsibility to be used for inbound XML messages.
• QP: Internal Default Pricing Perspective: This profile option sets the default pricing perspective for all internal users.
• QP: Pricing Perspective Request Type: This profile option defines the mapping between a Pricing Perspective (calling application) and the Request Type that it uses.