Many business practices require a prepayment from the customers. Prepayments can be used for future product invoices and for usage-based services. Wallets in Conga Billing facilitate that. Wallets are created in the same manner the products are created. 
Wallet supports two types of prepayments.

  • Prepayments made against a product
  • Prepayments made for usage-based services

Creating a wallet


Wallets are created in the same way as Assets. For example, let us create a Wallet with Balance Amount as $1000. First, configure a product with a Product Type of Wallet and with List Price as 1000. Add the wallet to your cart and accept the quote/proposal. Create and activate an order to create an asset. Invoice the wallet to make it available for consumption. 

Associating a Wallet with an Asset 

Wallets are linked with products by creating a Related Asset Line Item record. Perform the following steps to link a wallet to a product.

  1. Go to the Asset Line Item Detail page of your wallet.
  2. Click New Related Asset Line Item in the Related Asset Line Item (From) Related List.
  3.  Create the record as follows:
    From: Wallet
    Relation Type (From):is consumed from
    To:Product 
    Relation Type (To):Is consumed By

  4. Click Save.

You can link multiple wallets to a product by creating multiple Related Asset Line Item records. Multiple wallets are consumed in the order in which they were linked to the product.