Conga Product Documentation

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Use Case: Wallet updates for superseded and canceled billing schedules

Description: This use case describes how wallet balance is updated to reflect ABO transactions.

Suppose you are a billing administrator for a company selling software licenses.The cost of licenses for each month is $60,000. The customer has opted for quarterly billing frequency. Your customer has given you multiple prepayments.

Wallet

Amount

W1

$100,000

W2

$80,000

W3

$50,000

W4

$40,000

Pre-requisite:

  • Set up the PLI for Wallets and software license.
  • Create and accept the quote for creating assets.
  • Link the Wallet assets and Software License asset.