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Setting the scheduled price increase percentage correctly
Setting the scheduled price increase percentage correctly
Teresa Bui avatar
Written by Teresa Bui
Updated over a month ago

The number formatting for scheduled price increases on a billing contract differs depending on how the information is added to Uptick. Please take the following into consideration when setting the percentages for the price increase:

Note: Any updates made to the price increase settings for billing contracts can take up to 24hrs to take effect.

Setting the price to increase automatically on the billing contract

Setting up the billing contract manually

Uploading billing contracts with the data importer

When editing or creating any kind of billing contract:

  1. Set the Price Increase Policy to Automatically, each year by a fixed percentage

  2. Add the Date of Increase and the Percentage (%) Increase to Apply

  3. Click Save Billing Contract.

The Percentage (%) to be applied field will correctly associate whole numbers with the correct percentage when setting up billing contracts.

The priceincrease_auto_percentage column must be a decimal point value (i.e for a 3 percent increase, you need to input 0.03). A whole number equates to multiples of 100% (i.e. inputting 2 in the field will be a 200% increase)

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