Percent pricing
You can bill your customers a percentage of the transaction value or of either metered or non-metered consumption by using percent pricing.
In Zenskar, percent pricing is a pricing strategy in which a product is priced according to the following rules:
- Case 1: If the product is metered, it is priced at a percentage of the selected billable metric, measured in the currency configured in the contract. Refer to this section for details.
- Case 2: If the product is not metered, it is priced at a percentage of the quantity, measured in the currency configured in the contract. Refer to this section for details.
Case 1: A metered percentage-based product
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Let us take Delivery charges as an example of a metered percentage-based product.
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Let us assume that a billable metric named Compute is attached to the product. Compute returns the number of units shipped in a given billing cycle.
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Let us calculate delivery charges as a percentage of the value returned by Compute.
In general, for metered percentage-based product, the following equation hold true: Amount contributed by the percentage-based product to the invoice = (Percent * Billable metric) / 100 Therefore, Delivery charges (USD) = (Percent * Compute) / 100
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Let us assume that Compute reports 100 units being shipped in the given billing period.
Product name | Percent (USD) | Billable metric (units) |
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Delivery charges | 5 | 100 |
The delivery charges for the above example can be calculated as shown below:
Delivery charges (USD) = (5 * 100) / 100 = USD 5
Case 2: A non-metered percentage-based product
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Let us continue with Delivery charges as an example of a percentage-based product. However, in this example, Delivery charges is a non-metered product.
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Delivery charges being a non-metered product, the quantity is predefined in the product.
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Let us calculate delivery charges as a percentage of the predefined quantity configured in the product.
In general, for non-metered percentage-based product, the following equation hold true: Amount contributed by the percentage-based product to the invoice = (Percent * Quantity) / 100 Therefore, Delivery charges (USD) = (Percent * Quantity) / 100
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Let us assume that a quantity of 100 units were shipped in a given billing period, per product definition.
Product name | Percent (USD) | Quantity (units) |
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Delivery charges | 5 | 100 |
The delivery charges for the above example can be calculated as shown below:
Delivery charges (USD) = (5 * 100) / 100 = USD 5
Percentage-based product in the invoice
The invoice for the above examples is shown below. The percentage-based product, Delivery charges, is highlighted:
Add a percentage-based product
Important
Refer to the products documentation to learn more about the concept of products in Zenskar.
Step 1: Add a percentage-based product
- Navigate to Contracts > Products, and click on the ADD PRODUCT button.
- Select the Percent Pricing from the drop-down.
- Select or deselect Metered:
- If the service or product is metered, select the appropriate billable metric from the drop-down.
- If the service or product is not metered, enter the quantity.
- Fill in all other details, and select all the desired features.
- Save the product.
Step 2
Add product to new contract
- Navigate to Contracts > Contracts, and click on the + ADD NEW CONTRACT button.
- Click on the + ADD NEW PRODUCT button.
- Select the product(s) based on package pricing for the contract.
Add product to new template
- Navigate to Contracts > Templates, and click on the + ADD NEW TEMPLATE button.
- Click on the + ADD NEW PRODUCT button.
- Select the product(s) based on package pricing for the template.
Updated 18 days ago