Both ZAB Renewals and ZAB Adjustments can optionally reference Rate Policy and Rate Policy Rule records, which drive changes to Charges over time. Rate Policies may be shared between Renewals and Adjustments. They may also be (and generally are) shared across Subscription Items / Subscriptions / Customers. ZAB Adjustments are not supported by Usage (variable) Rate Types.
A Rate Policy may be selected on the Subscription Item to manage changes to Charges over time. Rate Policies can be populated directly on the Subscription Item via NetSuite Item defaults, ZAB Preferences, or via custom workflow/script.
The following field values can be set on the Rate Policy:
- Name: This record name should be recognizable enough for users to select it on the Subscription Item form.
- Set to Price Level: Use this field to change the Subscription Item’s Price Level upon Adjustment processing. If this function is utilized, a Rate Policy Rule is not necessary (unless other changes are also required).
- Set to Price Book: Use this field to change the Subscription Item’s Price Book upon Adjustment processing. If this function is utilized, a Rate Policy Rule is not necessary (unless other changes are also required).