Suppose you are selling computer servicing with a Total Contract Value of $1000. The billing term is for 3 months starting from 01 Jan 2024 with a recurring billing schedule. Billing creates three billing schedules. The round-offs are adjusted in the first or last billing schedule depending on whether the Fee Amount Rounding Schedule is set to First or Last.

Scenario 1:

Suppose you have set the Fee Amount Rounding Schedule to First, and configured a recurring order line item with the following details:

Contact your admin will make this functionality available in your application so that upon clicking a button you should be able to call the billing service API and get the result as shown. The API creates one Billing Header, three Billing Schedule Records, and three Billing Schedule Details.

The billing header uses the information from the order line item and contains the following data. Depending upon the information given for the pricing source, It will pick up the pricing information from the order line item or the asset line item. The Billing Header shows:

Three Billing Schedule Records are generated showing the following output:

Billing Schedule Details show the following information:

Since the Fee Amount Rounding Schedule is set to First, decimal rounding is done in the first record.

Scenario 2:

Suppose you have set the Fee Amount Rounding Schedule to Last, and configured a recurring order line item with the same details as above.

Three Billing Schedule Records are generated showing the following output:

The Actual Fee Amount shown in the billing schedule record is the amount that is billed to the customer.

Billing Schedule Details show the following information:

Since the Fee Amount Rounding Schedule is set to Last, the last record has rounded decimal values.