Product Pricing

To create an active product that can be added to orders, you must set at least one price for the product. After you create the product, you can add more prices or update prices as they change over time.

You can define prices with tiered and tapered pricing models that include multiple currencies. You can also set up pre and post-paid products, prorated pricing, and also allow price overrides on orders.

Products can have multiple recurring prices as needed. Each recurring price must have a different  combination of currency and recurring period. For example, you can sell a product at 10 dollars per month, or 10 won per month, or 20 dollars per quarter.

Note: Normally a product has either a one-time price or a recurring price, but a product can have both at the same time as needed.

The recurrence period and currency combination must be unique. You can create multiple combinations per product.

You can delete prices from products in Draft status.

Adding a Product Price

You can add multiple recurring prices to subscription and add-on products. You can add one-time prices to all types of products. To add a one-time price, the product must already have a recurring price with the same currency.

  1. Select Product Catalog from the Gotransverse action menu .
  2. On the Products page, select the product you want to price.
  3. On the Product Information page, select the Recurring Prices tab or the One-Time Prices tab, depending on the type of price you want to add.
  4. Click Create.
  5. In the Create Recurring Price or Create One-Time Price window, complete relevant fields. Fields that cannot be completed, like Price Type, are grayed out.
  6. Select Create

Editing a Product Price

You can edit recurring and one-time prices for products in Active, Draft, or Deactivated status.

  1. Select Product Catalog from the Gotransverse action menu .
  2. On the Products page, select the desired product.
  3. On the Product Information page, select the Recurring Prices tab or the One-Time Prices tab, depending on the type of price you want to edit.
  4. Under Actions, click the edit button next to the price you want to edit.
  5. In the Edit Recurring Price or Edit One-Time Price window, modify relevant fields. Fields that cannot be updated, like Price Type, are grayed out.
  6. Select Edit.

Note: If you edit a price for a Draft product, the current price is updated. If you edit a price for an Active product, the new price is created and the previous price contains a Valid To date which is equal to the Valid From date of the new price.

Deleting a Product Price

You can delete recurring and one-time prices from products in Draft status. Once a price has been deleted, it cannot be recovered. To preserve pricing history, you cannot delete prices from a product in Active or Deactivated status.

  1. Select Product Catalog from the Gotransverse action menu .
  2. On the Products page, select the desired product.
  3. On the Product Information page, select the Recurring Prices tab or the One-Time Prices tab, depending on the type of price you want to delete.
  4. Under Actions, select the delete button next to the price you want to delete.
  5. Under Actions, select the delete button next to the price you want to delete.
  6. In the Delete Price window, select Delete to confirm the deletion.