Example
As per the above example, let's suppose you want to give a discount of 20% to the customer from the Period Start Date of 11/20/2022. The amended billing schedules, Usage Inputs, and Asset Usage Price Tiers are as follows:
Billing Schedule ID |
Period Start Date |
Period End Date |
Fee Amount |
Ready for Invoice Date |
Type |
Status |
Is Superseded |
Legacy BS record? |
---|---|---|---|---|---|---|---|---|
BS-001 |
7/20/2021 |
11/19/2022 |
$0.00 |
7/20/2021 |
Informational |
Invoiced |
TRUE |
|
BS-002 |
11/20/2022 |
12/19/2022 |
$400.00 |
11/20/2022 |
Contracted |
Superseded |
Yes |
|
BS-003 |
12/20/2022 |
1/19/2023 |
$0.00 |
12/20/2022 |
Contracted |
Superseded |
Yes |
|
BS-004 |
1/20/2023 |
2/19/2023 |
$0.00 |
1/20/2023 |
Contracted |
Superseded |
Yes |
|
BS-005 |
11/20/2022 |
12/19/2022 |
$0.00 |
11/20/2022 |
Contracted |
Pending Billing |
||
BS-006 |
12/20/2022 |
1/19/2023 |
$0.00 |
12/20/2022 |
Contracted |
Pending Billing |
||
BS-007 |
1/20/2023 |
2/19/2023 |
$0.00 |
1/20/2023 |
Contracted |
Pending Billing |
Usage Inputs are set to default value. You can click on the Input ID and process the Usage Input. Once you process the Usage Input, the same will reflect on the corresponding billing schedule.
Input ID |
Status |
Quantity |
Rated Amount |
Usage Date |
---|---|---|---|---|
IN-001 |
Loaded |
10 |
$0.00 |
11/20/2022 |
IN-002 |
Loaded |
10 |
$0.00 |
11/25/2022 |
IN-003 |
Loaded |
20 |
$0.00 |
11/21/2022 |
Asset Usage Price Tiers will show the discounted price.
Tier ID |
From |
To |
Unit Price |
Adjustment Type |
---|---|---|---|---|
AT-001 |
0.00000 |
10.00000 |
$8.00 |
List Price Override |
AT-002 |
10.00000 |
20.00000 |
$16.00 |
List Price Override |
AT-003 |
20.00000 |
30.00000 |
$24.00 |
List Price Override |
After doing the amendment the final Billing Schedule looks like this:
Billing Schedule ID |
Period Start Date |
Period End Date |
Fee Amount |
Ready for Invoice Date |
Type |
Status |
Is Superseded |
Legacy BS record? |
---|---|---|---|---|---|---|---|---|
BS-001 |
7/20/2021 |
11/19/2022 |
$0.00 |
7/20/2021 |
Informational |
Invoiced |
TRUE |
|
BS-002 |
11/20/2022 |
12/19/2022 |
$400.00 |
11/20/2022 |
Contracted |
Superseded |
Yes |
|
BS-003 |
12/20/2022 |
1/19/2023 |
$0.00 |
12/20/2022 |
Contracted |
Superseded |
Yes |
|
BS-004 |
1/20/2023 |
2/19/2023 |
$0.00 |
1/20/2023 |
Contracted |
Superseded |
Yes |
|
BS-005 |
11/20/2022 |
12/19/2022 |
$320.00 |
11/20/2022 |
Contracted |
Pending Billing |
||
BS-006 |
12/20/2022 |
1/19/2023 |
$0.00 |
12/20/2022 |
Contracted |
Pending Billing |
||
BS-007 |
1/20/2023 |
2/19/2023 |
$0.00 |
1/20/2023 |
Contracted |
Pending Billing |
Usage Schedules are automatically generated to record the quantity consumed for each Billing Schedule.
Usage Schedule ID |
Fee Amount |
Billing Schedule ID |
Actual Quantity |
Period Start Date |
Period End Date |
Status |
Is Superseded |
---|---|---|---|---|---|---|---|
US-001 |
$0.00 |
BS-001 |
7/20/2021 |
11/19/2022 |
Invoiced |
||
US-002 |
$400.00 |
BS-002 |
100.00000 |
11/20/2022 |
12/19/2022 |
Superseded |
Yes |
US-003 |
$0.00 |
BS-003 |
12/20/2022 |
1/19/2023 |
Superseded |
Yes |
|
US-004 |
$0.00 |
BS-004 |
1/20/2023 |
2/19/2023 |
Superseded |
Yes |
|
US-005 |
$320 |
BS-005 |
100.00000 |
11/20/2022 |
12/19/2022 |
Pending Billing |
|
US-006 |
$0.00 |
BS-006 |
12/20/2022 |
1/19/2023 |
Pending Billing |
||
US-007 |
$0.00 |
BS-007 |
1/20/2023 |
2/19/2023 |
Pending Billing |