Method and system for constructing price structures for...

Details Method and system for constructing price structures for... Method and system for constructing price structures for...

2008-03-11

2008-03-11

Kramer, James A. (Department: 3693)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C705S035000, C705S400000

Reexamination Certificate

active

07343325

ABSTRACT:
The invention provides a system and method for constructing and maintaining a price structure for an e-commerce transaction relating to a complex product or service. A pricing tree is built of “price components” which include discrete revenues, price adjustments, taxes, and disbursements (such as royalties). Separate revenue streams, which may be allocated to different service providers, may have independent adjustment, tax, and disbursement treatments. Attributes may also be used in the calculation of separate components. Time-date adjustments and rate package adjustments are also supported. The system allows both automated calculation and accounting using the pricing tree. Transactions are supported by a modular e-commerce back-end platform.

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