Conga billing provides support to forecast the billing of legacy assets for different types of billing. Using forecast billing schedules, you know how much and on what dates your customer will be invoiced for the purchase. Conga Billing doesn’t provide forecasting for the legacy period. However, Conga can forecast the ALI from the “Billing Start Date” to its “Billing End Date” range.
The Is Legacy for Billing checkbox is set to True.
Key points to consider
Make sure that the “Original Start Date,” “Start Date,” “End Date,” CPQ Pricing fields (Base Unit Price/Net Price), “Remaining Billable Amount,” “TCV,” and the “Selling Term” is captured precisely on the asset line record.
The “Forecast Billing” feature is used to forecast the billing schedules.
The billing Start Date is equal to the Period start date.
Auto Activate Order is set to False.
The documentation consists of detailed procedures for billing different types of legacy assets in the section, Managing Legacy Assets. The forecasting procedure for legacy assets remains the same as forecasting for any real asset. For more information on forecasting different types of assets, refer to Forecast Billing Schedules.