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Former Member

periodic billing or contract

Hi Friends,

we have contract where we give some equipment on lease to the customer and customer is using that for 28 days

Billing plan is PERIODIC BILLING

Now when we see billing plan for contract it shows settelment (01/01/2010) to (01/30/2010) now as customer is using that for say only for 28 days so we want (01/01/2010) to (01/28/2010).

How to make billing periods to 28 days, the system automatically adjusts the monthly rate by prorating the 28 days. We need a billing plan template that a) sets up a billing periods on a 28 day cycle and b) should prorate the monthly fixed rate

if we give condition value as 900 for month then it is calculating 900/30 = 30/ day

but now client wants it should calculate as 900/28 = 32.14

thanks

Vishal

Edited by: WISH on Mar 10, 2010 8:24 AM

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2 Answers

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    Former Member
    Mar 10, 2010 at 08:19 AM
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  • Mar 10, 2010 at 09:09 AM

    Dear Vishal,

    You can use Periodic Billing in this case.

    In your Contract Definition (VOV8) there is a field for BIlling Plan. Enter a Billing Plan here.

    To define the Billing Plan there go to IMG - SD - Billing - Billing Plan - Define Billing Plan Types - Maintain billing plan types for periodic billing.

    Here there are fields for Horizon & Dates.

    Difine Rules for Determining Dates (IMG - SD - Billing - Billing Plan - Define Rules For Determining Dates. Here there are fields for TIme Period & Time Unit, which is what you can set for BIlling 28 days in a month.

    Hope this helps.. .

    THanks,

    Jignesh Mehta

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