---
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title: Pricing Metadata for EPC
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/ind/264-0-0/comms_pricing_metadata_for_epc.md
canonical_url: https://help.salesforce.com/s/articleView?id=ind.comms_pricing_metadata_for_epc.htm&release=264.0.0&type=5
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description: To price a product, you must create pricing metadata, such as pricing variables and pricing elements, that you can reuse across products and prices.
products:
  - Communications
  - Media
  - Energy and Utilities
release: "264"
---
# Pricing Metadata for EPC

To price a product, you must create pricing metadata, such as pricing variables and pricing elements, that you can reuse across products and prices.

Pricing metadata includes the following items:

- Pricing variables — The type of price that includes several settings: whether the price is a charge or an adjustment, whether it's one-time or recurring and at what frequency, whether payment is currency or loyalty points, and whether it's a standard charge or a penalty fee.
- Pricing elements — A reusable pricing component that has a one-to-one association with a pricing variable.
- Time plans — A duration of time that a price or a change to a price is valid.
- Time policies — When the time plan of a price or a change to a price begins and when it ends.
- Pricing plans — A means to support different pricing calculations and storage for different line items.

- **[Price Lists in EPC](https://help.salesforce.com/s/articleView?id=ind.comms_price_lists_in_epc.htm&release=264.0.0&type=5)**  
    To select products in the Industries CPQ Cart, each product must be assigned to a price list. Each price list must be associated with a price book. You can assign more than one base price to a product by creating price list entries stored in different price lists.
- **[Pricing Variables in EPC](https://help.salesforce.com/s/articleView?id=ind.comms_pricing_variables_in_epc.htm&release=264.0.0&type=5)**  
    Pricing variables contain metadata that defines the pricing type. When you create a price list entry, you choose a pricing variable to be part of the price.
- **[Pricing Elements in EPC](https://help.salesforce.com/s/articleView?id=ind.comms_pricing_elements_in_epc.htm&release=264.0.0&type=5)**  
    A pricing element consists of a pricing variable, an amount, and a payment type. Pricing elements can be either charges or adjustments.
- **[Create a Time Plan for a Product's Price in the Pricing Designer](https://help.salesforce.com/s/articleView?id=ind.comms_create_a_time_plan_for_a_product_s_price_in_the_pricing_designer.htm&release=264.0.0&type=5)**  
    A time plan defines the length of time that pricing applies to a product. Time plans apply to adjustments and overrides for products in bundles or promotions.
- **[Create a Time Policy for a Product's Price in the Pricing Designer](https://help.salesforce.com/s/articleView?id=ind.comms_create_a_time_policy_for_a_product_s_price_in_the_pricing_designer.htm&release=264.0.0&type=5)**  
    A time policy indicates when the pricing starts and stops being applied. You can set a time policy for a base price, adjustment, or override.