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Download page Recurring Product - Quarterly Billing Without Overlapping Period - Contract Term and TCV (Sales) Remains Unchanged.
Recurring Product - Quarterly Billing Without Overlapping Period - Contract Term and TCV (Sales) Remains Unchanged
The subscription is amended to push the contract's start and end dates out by one month. The amendment adds one month to the contract's end and truncates one month from the beginning of the contract. As a result, the contract term and TCV (Sales) remain unchanged after the amendment.
A subscription, with a quarterly billing frequency is sold for one year with a TCV (Sales) of USD 96,000.00. The contract start date is 01-July-2024 and the end date is 30-June-2025. The selling term is four (because the billing frequency is quarterly) and the net price is USD 24,000.00.
You want to move out (delay) the contract term by one month.
The subscription is amended to push the start and end dates of the contract by one month. The start date is 01-August-2024 and the end date is 31-July-2024. The contract term ( still 1 year) and TCV (Sales) remain unchanged, but the newly created periods do not overlap with the existing ones. This disrupts the existing BSRs and new BSRs are created for amended periods. It is illustrated in the following diagram:
Here the billing application receives the payload for the amendment from an order or asset line item generated in an external system. When the application processes this line item per the request, it uses the value in the Effective Start Date field on the order line item (OLI) as the start date (say 01-August-2024) from when the change is effective. As a result, the billing header fields are updated as follows:
BH ID | Current OLI | Parent OLI | ALI | Billing Start Date | Billing End Date | TCV (Sales) | Billable Amount for Current OLI | Total Invoiced Amount | Pending Invoice Amount | Status |
---|---|---|---|---|---|---|---|---|---|---|
BH-1 | OLI-12 | OLI-1 | ALI-1 | 01-August-2024 | 31-July-2025 | USD 96,000.00 | USD 0.00 | USD 0.00 | USD 96,000.00 | Active |
The BSRs are:
Setting "Superseding the Schedules during Asset Management" to Always Supersede
BSR ID | Record Type | Category | Period Start Date | Period End Date | Actual Fee Amount | Invoice Status | Remarks |
---|---|---|---|---|---|---|---|
BSR-1 | Regular | Fee | 01-July-2024 | 30-September-2024 | USD 24,000.00 | canceled | BSR-1 is out of the contract date and, hence canceled. |
BSR-2 | Regular | Fee | 01-October-2024 | 31-December-2024 | USD 24,000.00 | canceled | BSR-2 is out of the contract date and, hence canceled. |
BSR-3 | Regular | Fee | 01-January-2025 | 31-March-2025 | USD 24,000.00 | canceled | BSR-3 is out of the contract date and, hence canceled. |
BSR-4 | Regular | Fee | 01-April-2025 | 30-June-2025 | USD 24,000.00 | canceled | BSR-4 is out of the contract date and, hence canceled. |
BSR-5 | Regular | Fee | 01-August-2024 | 31-October-2024 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-5 is created for a newer period because of the change operation. |
BSR-6 | Regular | Fee | 01-November-2024 | 31-January-2025 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-6 is created for a newer period because of the change operation. |
BSR-7 | Regular | Fee | 01-February-2025 | 30-April-2025 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-7 is created for a newer period because of the change operation. |
BSR-8 | Regular | Fee | 01-May-2025 | 31-July-2025 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-8 is created for a newer period because of the change operation. |
Setting "Superseding the Schedules during Asset Management" to Minimize.
BSR ID | Record Type | Category | Period Start Date | Period End Date | Actual Fee Amount | Invoice Status | Remarks |
---|---|---|---|---|---|---|---|
BSR-1 | Regular | Fee | 01-July-2024 | 30-September-2024 | USD 0.00 | canceled | BSR-1 is out of the contract date and, hence canceled. The fee is USD 0.00, the sum of BSD-1 and its counter-BSD, BSD-1a. |
BSR-2 | Regular | Fee | 01-October-2024 | 31-December-2024 | USD 0.00 | canceled | BSR-2 is out of the contract date and, hence canceled. The fee is USD 0.00, the sum of BSD-2 and its counter-BSD, BSD-2a. |
BSR-3 | Regular | Fee | 01-January-2025 | 31-March-2025 | USD 0.00 | canceled | BSR-3 is out of the contract date and, hence canceled. The fee is USD 0.00, the sum of BSD-3 and its counter-BSD, BSD-3a. |
BSR-4 | Regular | Fee | 01-April-2025 | 30-June-2025 | USD 0.00 | canceled | BSR-4 is out of the contract date and, hence canceled. The fee is USD 0.00, the sum of BSD-4 and its counter-BSD, BSD-4a. |
BSR-5 | Regular | Fee | 01-August-2024 | 31-October-2024 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-5 is created for a newer period because of the change operation. |
BSR-6 | Regular | Fee | 01-November-2024 | 31-January-2025 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-6 is created for a newer period because of the change operation. |
BSR-7 | Regular | Fee | 01-February-2025 | 30-April-2025 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-7 is created for a newer period because of the change operation. |
BSR-8 | Regular | Fee | 01-May-2025 | 31-July-2025 | USD 24,000.00 | Pending Billing | Additional BSR, BSR-8 is created for a newer period because of the change operation. |
BSDs are:
BSD ID | BSR ID | Record Type | Category | Period Start Date | Period End Date | Actual Fee Amount | Derived Invoice Status | Remarks |
---|---|---|---|---|---|---|---|---|
BSD-1 | BSR-1 | Regular | Fee | 01-July-2024 | 30-September-2024 | USD 24,000.00 | Canceled | BSD-1 is out of the contract date and, hence canceled. |
BSD-1.a | Regular | Fee | 01-July-2024 | 30-September-2024 | (USD 24,000.00) | Canceled | Counter-BSD for the canceled BSD-1, BSD-1.a can be used to offset the revenue forecast from the previous BSD-1. | |
BSD-2 | BSR-2 | Regular | Fee | 01-October-2024 | 31-December-2024 | USD 24,000.00 | Canceled | BSD-2 is out of the contract date and, hence canceled. |
BSD-2.a | Regular | Fee | 01-October-2024 | 31-December-2024 | (USD 24,000.00) | Canceled | Counter-BSD for the canceled BSD-2, BSD-2.a can be used to offset the revenue forecast from the previous BSD-2. | |
BSD-3 | BSR-3 | Regular | Fee | 01-January-2025 | 31-March-2025 | USD 24,000.00 | Canceled | BSD-3 is out of the contract date and, hence canceled. |
BSD-3.a | Regular | Fee | 01-January-2025 | 31-March-2025 | (USD 24,000.00) | Canceled | Counter-BSD for the canceled BSD-3, BSD-3.a can be used to offset the revenue forecast from the previous BSD-3. | |
BSD-4 | BSR-4 | Regular | Fee | 01-April-2025 | 30-June-2025 | USD 24,000.00 | Canceled | BSD-4 is out of the contract date and, hence canceled. |
BSD-4.a | Regular | Fee | 01-April-2025 | 30-June-2025 | (USD 24,000.00) | Canceled | Counter-BSD for the canceled BSD-4, BSD-4.a can be used to offset the revenue forecast from the previous BSD-4. | |
BSD-5 | BSR-5 | Regular | Fee | 01-August-2024 | 31-October-2024 | USD 24,000.00 | Pending | Additional BSD, BSD-5 is created for a newer period because of the change operation. |
BSD-6 | BSR-6 | Regular | Fee | 01-November-2024 | 31-January-2025 | USD 24,000.00 | Pending | Additional BSD, BSD-6 is created for a newer period because of the change operation. |
BSD-7 | BSR-7 | Regular | Fee | 01-February-2025 | 30-April-2025 | USD 24,000.00 | Pending | Additional BSD, BSD-7 is created for a newer period because of the change operation. |
BSD-8 | BSR-8 | Regular | Fee | 01-May-2025 | 31-July-2025 | USD 24,000.00 | Pending | Additional BSD, BSD-8 is created for a newer period because of the change operation. |