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Price ID
Specify a unique price ID.
This price ID can be applied to a finance at underwriting stage.
Price Description
Specify a brief description of the price ID.
Default
Check this box to set this as the default price ID for the price group that you maintain.
Formula
Click ‘Formula’ button to define the pricing rule for each price ID. You can define the formula
using origination system elements in Oracle FLEXCUBE.
You can specify the following details here:
Sequence Number
The sequence number is automatically generated by the system.
Condition
The condition specified using the Elements, Functions, Operators etc. gets displayed here.
Result
Specify the result to be associated with the condition specified.
Elements
Specify the data elements to be used to define the formula for pricing details or select the
element from the option list provided.
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