Pro rata billing for periodic billing plan

[Former Member]

Hi Gurus,

The requirement is basically to create a periodic invoice to the customer for a Service Contract.

E.g. Rs1000 per month.

In case the contract is starting on 15th of the first month then for example the service charge has to be pro-rated.

In this case this would be Rs500 pro rata billing for the 1st month the billing period should be 15/05/2013 to 31/05/2013. I can get the dates for the 1st month, as required but not the price (Rs 500). It is still Rs 1000.

Please suggest how to go about this.

Regards,

Himanshu

[former_member186385 · Accepted solution]

Hi,

Hope you know how to activate the Periodic billing plan for your Item category VOV7

now create a new condition type for which you want to use as periodic billing in V/06 and make the calculation type as M ( Quantity -Monthly Price)

it will be calculated on pro rata base

hope you understood

Try and share your inputs

regards,

santosh

[Former Member · Accepted solution]

Hi Santosh,

I have alsready tried maintaing calculation type as "M", it is not working.

Regards,

Himanshu

[Former Member · Accepted solution]

Hi Himanshu,

Try with CalType O or P and maintain condition records accordingly. If your caltype is weekly, then maintain price per week, if you want to charge for number of days, then maintain price per day.

Karuna

[Former Member]

Hi All,

Thanks you.

This issue is now resolved.

regards,

Himanshu

[jignesh_mehta3]

Hello Himanshu,

Would you not like to update the forum on how your issue was resolved?

Thanks,

Jignesh Mehta

[Former Member]

Hi Jignesh,

As it was suggested by all, i maintained condition type calculation type as M.

Thank you all.

regards,

HB

[jignesh_mehta3]

Hello Himanshu,

Go to IMG - Sales and Distribution - Billing - Billing Plan - Define Billing Plan Types - Maintain billing plan types for periodic billing - Here for your Billing Plan Type check the following:

1. Start Date - 13 - Contract Start (Contract header)

2. Dates From - 11  - Contract Start Date

Now in your Contract ensure that at Header & Item level the From date is 15.05.2013 & system will automatically calculate price for 15 days.

Thanks,

Jignesh Mehta

[Former Member]

Hi Gurus,

Any replies on the above query.

Regards,

Himanshu