Creating a Single Delta Billing Schedule
With Single Delta Billing Schedule, you can invoice your customers with a single billing schedule that reflects the delta amount of the amendment.
To create a single delta billing schedule for mid-cycle asset ammendments, Select Create Single Delta Billing Schedule from Billing System Properties.
When you perform the same amendment on the above example, with Create Single Delta Billing Schedule set as true, you see the following billing schedules:
Billing Schedule |
Start Date |
End Date |
Fee Amount |
Status |
---|---|---|---|---|
BS5 |
01 May 2019 |
30 Jun 2019 |
$1,000 |
Pending Billing |
BS6 |
01 Jul 2019 |
30 Sep 2019 |
$1,500 |
Pending Billing |
BS7 |
01 Oct 2019 |
31 Dec 2019 |
$1,500 |
Pending Billing |
A single billing schedule BS5 is created for the delta quantity of $1,000 ($3,000 - $2,000).