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: 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. Value | Description |
|---|
Always Up | Rounds the currency to the next higher number. For example, 8.2 is rounded to 9. | Always Down | Rounds the currency to the previous number. For example, 8.8 is rounded to 8. | Half Up | - Rounds the currency to the next number if the decimal is equal to or greater than 5. For example, 8.5 to 8.9 is rounded to 9.
- Rounds the currency to the previous number if the decimal is less than 5. For example, 8.1 to 8.4 is rounded to 8.
| Half Down | - Rounds the currency to the next number if the decimal is greater than 5. For example, 8.6 to 8.9 is rounded to 9.
- Rounds the currency to the previous number if the decimal is less than or equal to 5. For example, 8.1 to 8.5 is rounded to 8.
| Half Even | Rounded to an even number when possible. For example, a number between 8.1 to 8.5 is rounded to the even number 8. A number between 8.6 to 9.4 is rounded to 9. A number between 9.5 to 9.9 is rounded to the even number 10. | None | Rounding is done as per the Currency Decimal Places settings. |
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Allow Adjustments in Billing | Checkbox / Toggle ON & OFF
| It has the following values: 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. |