Setting Up Meter Charge Price Increases on Meters

Manually setting up/modifying parameters on the Meters in order to run the Task to Increase the Price of the Meter charge.

Check the system reference for the number of decimal places required for the price ex GST increase on the meter price.
Readysell>Administration>Advanced>System Types
Type = Service
Code = "AUTO-INCREASE-METER-CHARGE-DECIMAL-PLACES"
Value = enter the number of decimal places for the price ex eg 4

A task is what generates the increase in meter pricing.
You can have this task enabled and scheduled to run or you can run it manually yourself.
Navigate to Task>Auto Increase Meter Charges
Turn the Tick on the check Box Enabled and click on Save
The task has a scheduled time. You can leave this if it is not blank.
Restart the service. (speak to Readysell if need be)

There is a check box on each of the Meter prices. This check box governs whether you want to increase this meter product price type if you should have more than one-meter product price type on a meter.
If the check box 'Exclude' is ticked, then any meter pricing for that meter type on that meter will be excluded when the task runs to increase the meter pricing.

If the check box is OFF (not ticked) on any meter product price and there is an Auto increase set up on that meter, the pricing will update based on the values in the Auto increase setup for each meter when the task runs.

Scenarios/Formula/Examples

Field: Auto Increase Price Percentage = insert the % value by which you want to increase the price ex meter price on the meter

Formula : (meter price ex * %/100) + price ex

Scenario with just auto increase price percentage on the Monometer

Price Ex on the Mono Meter with a type = Count is $0.015 ex GST
Auto Increase Price Percentage has a value of 10%

Calc = $0.015 * 10/100 = $0.0015 increase in price for that meter
$0.0015 Price increase + price ex of $0.015 = $0.0165 (round up depending of system reference for number of decimal places ) = new price ex $0.0165
Task runs to increase the meter price

Set up below auto increase on the meter of Mono

Meter price on the Mono meter before the auto increase:

After the task runs the result on the mono meter is shown below

Colour meter same machine different percentage of 5%

The result after the task ran for the colour meter

Scenario with just auto increase price percentage and auto increase price before factor on the Mono meter

Field : Auto increase price percentage on this monometer = 10%
Field : Auto Increase Price before Factor = $0.10 ( has to be a $value not a percentage)
Field: Auto Increase Price After Factor $0 ( has to be a $value, not a percentage)

Formula = (Price Ex Gst + $value in auto increase price before factor)$ 0.10 * %/100 = price to be increase by

Price to be increased by + Original Price Ex Gst

Eg mono meter

The price ex on the mono meter with a type of Count is $0.0165
Auto increase before Price factor =$ 0.10
Auto Increase Price Percentage = 10%

Calc =( old price ex $0.0165 + autoincrasepricebeforefactor 0.10)= $0.1165 * (autoincreasepricepercentage *10/100)= $0.01165
(Price Ex Before increase + autoincreasepricebeforefactor of $0.1165+ Increase price $0.01165) =$0.12815 new price ex for that meter (rounding to 4 decimal places so the price ex increase will be $0.1282

Result = (0.0165 + 0.10) = $0.1165 * 10/100 = $0.01165 price increase value

Old price ex plus to pricefactorbefore =$0.1165 + 0.01165 = $0.12815 new price ex increased to

Price set up before the task

The result after the task runs:

Scenario with just auto increase price percentage and auto increase price after factor on the Monometer

Field : Auto increase price percentage on this mono meter = 10%
Field : Auto Increase Price before Factor = $0.00 ( has to be a $value, not a percentage)
Field: Auto Increase Price After Factor $0.015 ( has to be a $value, not a percentage)

Work out the price increase firstly

Then add the value of the priceafterfactor

Formula = (Price Ex Gst * 10%/100) + (Price Ex Gst + increase result) + $value in price factor after)
Eg mono meter

Calc =( old price ex $0.1282 *10/100))= $0.01282 (to increase by)

$0.1282 (old price ex) + increase price value $0.01282 = $0.14102 increase price ex

$0.14102 + $0.015 (autoincreasepriceafterfactor) = $0.15602 new price ex

Result =( $0.1282 *10/100) = $0.14102 (price increase by)

$0.14102 + $0.015 = $0.15602 new price ex