Create a Grace Period Profile

You create grace period profiles to associate with product offers.

About this task

You can also create a grace period profile by copying an existing profile. Open Grace Period Profiles and click in the row of a grace period profile. Enter a new name for the profile and make changes using the steps 2 through 9.

Procedure

  1. In Grace Period Profiles, click New Grace Period Profile.
    1. In Name, enter a unique name.
    2. (Optional) In Description, enter descriptive information about the item.
      The name is displayed in the Product Offer Cycle Data tab in My MATRIXX.
    3. (Optional) In External ID, enter any alphanumeric character to serve as a unique ID on this pricing object. The external ID can be used for any reason that is meaningful to your implementation of MATRIXX Engine. External IDs are saved to the pricing configuration file and loaded into the Pricing database.
    4. Click Create.
  2. In Start Date/Time, use the date picker to select the date on which the object becomes active in the Pricing database and is first available for use, or enter the date in the format YYYY-MM-DD. Optionally, enter a time for when the object becomes active. The default start date/time is 2000–01–01 00:00:00. If applicable, the range in which the start date/time must fall is listed. For example:
    • Select a date on or before 2021–12–01.
    • Select a date on or after 2020–01–27.
    • Select a date between 2000–01–02 and 2021–10–04.
    Note: If you are creating a new revision of this object, the start date/time must be after the start date/time of the preceding revision and before the start date/time of the next revision. If you are making a copy of this object, the start date/time is not copied. The new object is the first revision, so it has the default start date/time of 2000–01–01 00:00:00.
  3. (Optional) Select Recoverable Notification Enabled to allow the notification that the offer has entered the recoverable period.
  4. (Optional) Select Inactive Notification Enabled to allow notifications that the offer has become inactive.
  5. In Grace Period Count, enter a positive integer for the number of grace period units to use.
  6. In Grace Period Unit, select a unit of time from the menu. The options are:
    • Minutes
    • Hours
    • Days
    • Weeks
    • Months
    • Years
  7. (Optional) In Recoverable Period Count, enter a positive integer for the number of recovery period units to use.
  8. (Optional) In Recoverable Period Unit, select a unit of time from the menu. The options are:
    • Minutes
    • Hours
    • Days
    • Weeks
    • Months
    • Years
  9. (Optional) In Recoverable Period Renew Time Type, select a method of specifying the renew time. The options are:
    • default (Midnight) or blank.
    • Recovery Time — Re-establishes a cycle processing at the time of day it was recovered.
    • Absolute — Re-establishes cycle processing using the time set in Recoverable Period Renew Time.
    Note: The recoverable period renew time type only applies if the cycle unit is daily or greater.
  10. If an absolute recoverable period renew time is selected, click in Recoverable Period Renew Time and enter the time of day to restart cycle processing in hh:mm:ss format.
  11. Click Save.

Results

The new profile is added to the Grace Period Profiles list and is available for use in product offers.