Tiered Rate Cards

Collection of rates to be applied for tiered subscriptions

Tiered Rate Cards are a collection of rates that define how the pricing of a tiered subscription varies based on the subscription's quantity.

Field Internal NameField TitleDescription
work365_tieredratecardidEntity Primary Key
work365_tieredratecard_nameNameThe name of the tiered rate card
work365_tieredratecard_typeTypeThe type of the tiered rate card. See note below
work365_tieredratecard_unitCommitment / TermThe commitment period associated with the tiered rate
I,e Monthly. Annual
work365_tieredratecard_defaultcostDefault RateThe default rate to be applied when a matching rate is not found in the card's rate collection
work365_tieredratecard_defaultrateDefault CostThe default cost to be applied when a matching rate is not found in the card's rate collection

Types of tiered rate cards

  1. Block Unit Rate implies that the rates in the collection are per unit quantity.
  2. Block Rate implies that the rates in this collection are a flat rate based on the rate block definition.

Use Block Rate when you wish to apply a single rate for a range of quantities. Using the Block Rate example below, the customer will be invoiced $100 for 50 quantities as well as 95 quantities; however, if the quantity exceeds 100, a flat rate of $235 will be applied.

Examples

Block Unit Rate

Let us assume that a Block Unit Rate tiered rate card has the following rates defined...

NameUp toSales Price
Up to 100100$10.00
Up to 250250$9.50
Up to 500500$9.00

If a subscription quantity is 90, the pricing will be $10.00 per unity quantity. If the subscription quantity is 275, the pricing will be $9.00 per unit quantity, whereas if the quantity is over 500, then the default rate will be applied.

Block Rate

Let us assume that a _Block Rate" tiered rate card has the following rates defined...

NameUp toSales Price
Up to 100100$100
Up to 250250$235
Up to 500500$450

In this case the rate applied is not per unit quantity on the subscription, but for the whole subscription. If the subscription quantity is 90, the pricing will be $100. If the subscription quantity is 275, pricing will be 450, whereas if the quantity is over 500, then the default rate will be applied.