Example
Let’s use the example from the previous section where the ALI is fully invoiced in the legacy system.
Since the asset is already billed in the legacy system, Billing creates one billing schedule as the Type as Informational and Status as Invoiced as shown:
|
Billing Schedule ID |
Period Start Date |
Period End Date |
Fee Amount |
Type |
Status |
Legacy BS record? |
|---|---|---|---|---|---|---|
|
BS-001 |
7/20/2021 |
7/19/2024 |
$5,400.00 |
Informational |
Invoiced |
TRUE |
Say, you’ve performed an amendment to this ALI to go into effect from 7/20/2023 (which is beyond the “First Billing Date”.) As a part of the “Change,” you’ve increased the price in such a way that the total TCV increased from $5,400.00 to $6,000.00 resulting in a delta amount of $600.00.
|
Original Start Date |
Start Date |
End Date |
Selling Frequency |
Billing Frequency |
Quantity |
TCV |
First Billing Date |
Delta Amount |
|---|---|---|---|---|---|---|---|---|
|
7/20/2021 |
7/20/2021 |
7/19/2024 |
One Time |
One Time |
1 |
$6000 |
11/20/2022 |
$600.00 |
When the ALI change goes into effect, Conga Billing will create a new schedule reflecting the delta amount as the billable amount to your customer. The resulting billing schedules are as follows:
|
Billing Schedule ID |
Period Start Date |
Period End Date |
Fee Amount |
Type |
Status |
Legacy BS record? |
|---|---|---|---|---|---|---|
|
BS-001 |
7/20/2021 |
7/19/2024 |
$5,400.00 |
Informational |
Invoiced |
TRUE |
|
BS-002 |
7/20/2023 |
7/19/2024 |
$600.00 |
Contracted |
Pending Billing |
The Remaining Billable amount will be updated to $600.00.
