Conga Product Documentation

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Change in the Billing Rule

Billing rule can be set to Bill in Advance or Bill in Arrears and it has impact on the Ready for Invoice Date of the schedule record.

Change in the billing rule during an ongoing contract is considered a disruptionbecause it can have a significant impact on the flow of the revenue of the contract. When a change in billing rule is initiated (as a part of an ABO or individual change), the existing billing schedule records are superseded and new records are created, irrespective of any global billing setting or configuration.

New Sale

There is a new sale of a recurring product with TCV (Sales) of USD 1,200.00 with a quarterly billing frequency. The one year contract starts from 01 February 2025. The Billing rule is set to Bill in Advance. When billing is initiated, a billing header, schedule records, and schedule details are generated.

The billing header is as follows:

BH NameCurrent OLIBilling Start DateBilling End DateTCV (Sales)Billing FrequencyBilling RuleBillable Amount for Current OLIStatus
BH-100OLI-12601-February-202531-January-2026USD 1,200.00QuarterlyBill in AdvanceUSD 1,200.00Active
The schedule records are created as follows:
Note: The schedule details are not shown.
NameCurrencyPeriod Start DatePeriod End DateReady for Invoice DateActual Fee AmountInvoice Status
BSR-1USD01-February-202530-April-202501-February-2025300.00Pending Billing
BSR-2USD01-May-202531-July-202501-May-2025300.00Pending Billing
BSR-3USD01-August-202531-October-202501-August-2025300.00Pending Billing
BSR-4USD01-November-202531-January-202601-November-2025300.00Pending Billing

After amendment

The asset undergoes an amendment with a new billing rule to Bill in Arrears for the entire term. A markup of USD 400.00 is imposed as a result of change in the billing rule during ongoing contract. Due to the markup amount, the TCV (Sales) is increased to USD 1,600.00.

When billing is initiated, all the previous records are superseded and new records are created with the new Ready for Invoice Date and fee amount. The new billing rule is stamped on the billing header.

The billing header is as follows:

BH NameCurrent OLIBilling Start DateBilling End DateTCV (Sales)Billing FrequencyBilling RuleBillable Amount for Current OLIStatus
BH-100OLI-12601-February-202531-January-2026USD 1,200.00QuarterlyBill in ArrearsUSD 1,200.00Active
The schedule records are as follows:
Note: The schedule details are not shown.
NameCurrencyPeriod Start DatePeriod End DateReady for Invoice DateActual Fee AmountInvoice Status
BSR-1USD01-February-202530-April-202501-February-2025300.00Superseded
BSR-2USD01-May-202531-July-202501-May-2025300.00Superseded
BSR-3USD01-August-202531-October-202501-August-2025300.00Superseded
BSR-4USD01-November-202531-January-202601-November-2025300.00Superseded
BSR-5USD01-February-202530-April-202501-May-2025400.00Pending Billing
BSR-6USD01-May-202531-July-202501-August-2025400.00Pending Billing
BSR-7USD01-August-202531-October-202501-November-2025400.00Pending Billing
BSR-8USD01-November-202531-January-202601-February-2026400.00Pending Billing