Billing Settings

Pricing Source

Picklist

Select from the following options:

• Order Line Item 
• Asset Line Item

The default selection is Order Line Item.

Indicates the source from where Billing should fetch the pricing details.

Currency Decimal Places

Number

0 to 10

The default value is 2

The number of decimals to be displayed in the currency fields.

Proration Computation Method

Picklist

Select from the following options:

• Billing Preference
• Calendar Days of First Month
• 30 Days
• No Bill
• Maximize A/R

The default value is 30 days

Indicates the method to be used to compute the Actual Fee Amount for the prorated schedules of subscription billing products.

If Billing Preference is selected, the value will be picked from the Billing Preference associated with the Billing Header.

If Calendar Days of First Month is selected then the proration calculation happens based on the number of calendar days of the first month if it is a full period.

If 30 Days is selected then the proration calculation happens based on the 30 number of days regardless of the number of days in that month.

If No Bill is selected then no billing schedule record is generated for either the first partial period or the last partial period depending upon the value selected for the "fee amount rounding schedule".

If Maximize A/R is selected then the proration calculation happens based on the calendar month that has lesser days.

Fee Amount Rounding Schedule

Picklist

Select from the following options:

• First 
• Last

The default value is Last

Indicates the billing schedule where the decimals resulting from computing the fee amounts must be allocated.

Special Rounding Method

Global Picklist

Select from the following options:

• Always Up
• Always Down
• Half Up
• Half Down
• Half Even
• None

The default value is None

The rounding method is to be applied to the Actual Fee Amount fields on the billing schedule details and billing schedule records.

Allow Adjustments in Billing

Checkbox / Toggle ON & OFF

It has the following values:

• True
• False

The default value is False.

Indicates whether the user can create manual adjustment lines on the billing schedule details.

Evergreen Billing Schedule Records Creation Option

Picklist

Select from the following options:

• Pick from Billing Preference
• Ahead of time
• Only when needed

The default selection is Pick from Billing Preference.

Indicates the method to auto-generate the renewed billing schedule records for the Evergreen order/asset line items.

Ahead of time - New billing schedule records are created when the number of “Pending Billing” is less than the “Auto Renewal Term.”

Only when needed - New billing schedule records are created only after all the existing records are “Invoiced.”

If “Pick from Billing Preference” is selected, the value is picked from the Billing Preference associated with the Billing Header.

Superseding the Schedules during Asset Management

Picklist

Select from the following options:

• Minimize
• Always Supersede

The default selection is Minimize.

Indicates whether the billing engine should always supersede the billing schedules (and their schedule details) during the management of a sold product or service or minimize the superseding.

Minimize: The engine limits the superseding by creating a schedule detail (BSD) with delta fee under the existing schedule record (BSR).

Always Supersede: Opposite to Minimize. The engine will supersede the uninvoiced schedules (BSRs) of the impacted period and creates new BSRs (and BSDs) with the overall fee for that period.

Note - for certain scenarios (e.g., changing the “Billing Frequency” of a sold product/service), the engine will supersede the uninvoiced schedules (BSRs & BSDs) and creates new BSRs (and BSDs) regardless of the setting value.