Prerequisites
- The object and fields required to support legacy billing for legacy asset line items are configured. For more information, see Understanding Billing Schedules and Use Case 3.
- The following minimum criteria are met:
- The Is Legacy for Billing checkbox is set to True.
- The Price Type is not Usages.
- The Billing Frequency is not One Time.
- The Original Start Date, Start Date, End Date, First Billing Date, Remaining Billable Amount, TCV, Selling Term, and CPQ Pricing fields (Base Unit Price and Net Price) are captured accurately on the asset line record.
Note:
- The asset line item is billed in a recurring fashion in the legacy system.
This implies that the asset has been billed consistently in the legacy
period where the remaining billable amount is in accordance with the
formula:
remaining billable amount= (net unit price * quantity * billing term).
- If the billing is not done in a recurring fashion, Conga Billing creates a catchup amount and a corresponding redundant billing schedule.
