Create a Spending Limit Policy Component

A policy component implements the business logic that decides which policy to apply for a given set of circumstances. It consists of one or more policy tables.

Before you begin

Create the decision tables the policy component will reference.

Procedure

  1. In Spending Limit Policy Components, click New Spending Limit Policy Component.
  2. In Name, enter a unique name.
  3. (Optional) In Description, enter descriptive information about the item.
  4. (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.
  5. In Edit Spending Limit Policy Component, click in Start Date, to specify when the policy component is valid for use. If you do not set a start time, it is available when the product offer containing it is valid. Its validity period ends only when a revision to the policy component starts.
Add a Policy Table
  1. In Spending Limit Policy Tables, click New Spending Limit Policy Table.
    1. In Name, enter a unique name.
    2. (Optional) In Description, enter descriptive information about the item.
    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.

What to do next

Configure the policy table general properties. For information, see the discussion about configuring spending limit policy table general properties. Optionally, you can add metadata and a data modify profile to the policy table. For information, see the discussion about adding data modify details to a policy table.

After configuring the general properties and adding any data modify details, add the policy component to a product offer to make it available for purchase. For more information, see the discussion about creating subscription and one-time product offers.