Forecast Billing for Change Operation
You can generate a forecast schedules for Change operation performed on the asset line items on a cart. The forecast schedules contain the changes to the billing schedules based on effective amendment dates mentioned on the line items.
The line items in Amended status and without any custom plans associated to them are picked up for forecasting.
The forecasting schedules are generated only for the amended period.
There is a new sale with TCV (Sales) of USD 1,200.00 and quarterly billing frequency. The contract start and end dates are 01-January-2025 and 31- December-2025. The BSRs of the new sale are as follows:
| BSR No | BH ID | Period Start Date | Period End Date | Actual Fee Amount | Ready for Invoice Date | Status |
|---|---|---|---|---|---|---|
| BSR-001 | BH-001 | 01-January-2025 | 31-March-2025 | USD 300.00 | 01-January-2025 | Invoiced |
| BSR-002 | BH-001 | 01-April-2025 | 30-June-2025 | USD 300.00 | 01-April-2025 | Invoiced |
| BSR-003 | BH-001 | 01-July-2025 | 30-September-2025 | USD 300.00 | 01-July-2025 | Invoiced |
| BSR-004 | BH-001 | 01-October-2025 | 31-December-2025 | USD 300.00 | 01-October-2025 | Invoiced |
You initiated a change operation to provided a discount of 50% from the starting of third quarter.
The customer wants to see the forecast billing schedules in a document to have a better idea and understanding of the payment dates and fee amounts. As a sales representative, you call the forecast billing API. The forecast billing schedules are generated as shown below:
| Name | Product Configuration | Line Item | Product | Price Type | Period Start Date | Period End Date | Forecasted Fee Amount | Ready for Invoice Date | Invoice Status | Payment Term |
|---|---|---|---|---|---|---|---|---|---|---|
| FBSR-1 | Q-001 | LI-001 | Hardware | Recurring | 01-July-2025 | 30-September-2025 | (USD 150.00) | 01-July-2025 | Pending Billing | NET-30 |
| FBSR-2 | Q-001 | LI-001 | Hardware | Recurring | 01-October-2025 | 31-December-2025 | (USD 150.00) | 01-October-2025 | Pending Billing | NET-30 |
The Forecast Billing Summary Criterion is set to Ready for Invoice Date. The forecast billing summary is as follows:
| Name | Criterion Name | Criterion Value | Total Forecast Fee | Total One-time Fee | Total Recurring Fee |
|---|---|---|---|---|---|
| FBSM-001 | Ready for Invoice Date | 01-July-2025 | (USD 150.00) | USD 0.00 | (USD 150.00) |
| FBSM-001 | Ready for Invoice Date | 01-October-2025 | (USD 150.00) | USD 0.00 | (USD 150.00) |
