Fixed Pricing - Business Requirement
Fixed pricing should be viewed as an alternative to contracts and warranties. When fixed pricing is used, none of the coverage details of any service type in effect are considered. When a fixed price repair is done, all the details of the service activity can still be recorded, enabling you to fully track service costs. The only difference is in the invoicing process, which looks at the fixed price rather than the actual costs or the normal prices associated with elements of the repair.