To Consume Wallet
To consume the wallet for software license payment
- Activate the order line item for Wallet.
- Invoice the Wallet. On Wallet asset line item, the net price and available balance
are as follows:
Net Price
Available Balance
$100,000
$100,000
- Activate the order for Software Licenses.
- Billing schedules are created as under:
Billing Schedules
Fee
BS1
$60,000
BS2
$60,000
BS3
$60,000
BS4
$60,000
- The available balance for the wallet is now reduced to $0.
- Wallet drawdowns are created for the first and second billing schedules.
Wallet Drawdown 1
Wallet
WalletID
Billing Schedule
BS1
Amount
$60,000
Wallet Drawdown 2
Wallet
WalletID
Billing Schedule
BS2
Amount
$40,000
Here, the fee amount for the BS1 is paid entirely from the wallet. For BS2, $40,000 is from the wallet.
- Wallet drawdowns are created.
- Billing Schedule fee is deducted from the wallet balance.
- Invoice the customer for $20,000 for BS2
- Invoice BS3 and BS4.
