Effect of Asset Amendment on Forecasted Usage Input
The forecasted usage inputs are vulnerable to asset amendments. If you amend the asset line item, the billing schedules and usage schedules are superseded and new billing schedules are created with Pending Billing status. The values in the (Draft) Rated Amount and Rated Amount fields are reset to zero for the usage inputs.
Let us understand this effect with the help of an example.
Example:
Suppose you are a billing administrator of a company selling computer hardware 'Internet Plans’ and you have already invoiced the customer. The details are summarized in the following table:
|
Start Date |
End Date |
First Billing Date |
Selling Frequency |
Billing Frequency |
Price Type |
List Price |
TCV |
|---|---|---|---|---|---|---|---|
|
1/1/2023 |
12/3/2023 |
1/1/2023 |
Yearly |
Half Yearly |
Usage |
USD 100 |
USD 0.00 |
Define tire prices as follows:
0-20 = 200
21-40 = 400
Define usage inputs for the dates
6/5/2023 - 20 quantity
7/8/2023 -10 quantity and draft rate them.
Initiate billing, you will get the following results:
Billing will generate the billing schedules as follows:
|
Billing Schedule ID |
Period Start Date |
Period End Date |
Fee Amount |
Ready for Invoice Date |
Type |
Status |
|---|---|---|---|---|---|---|
|
BS-001 |
1/1/2023 |
6/31/2023 |
$0.00 |
7/1/2023 |
Contracted |
Pending Billing |
|
BS-002 |
7/1/2023 |
12/3/2023 |
$0.00 |
1/1/2024 |
Contracted |
Pending Billing |
The Usage Inputs related lists are updated with the new usage inputs and corresponding (Draft) Rated Amount.
|
Input id |
Asset No. |
Status |
Quantity |
Rated Amount |
Uasge Date |
Product UOM |
(Draft) Rated Amount |
|---|---|---|---|---|---|---|---|
|
IN-00007052 |
akdsjs |
Loaded |
20.00 |
6/5/2023 |
Each |
USD 400.00 |
|
|
IN-00007053 |
akdsjs |
Loaded |
10.00 |
7/8/2023 |
Each |
USD 200.00 |
The (Draft) Rated Quantity and (Draft) Fee Amount are updated on the Usage Schedule.
|
Schedule id |
Fee Amount |
Billing Schedule |
Actual Quantity |
Period Start Date |
Period End Date |
Status |
Type |
(Draft) Rated Quantity |
(Draft) Fee Amount |
|---|---|---|---|---|---|---|---|---|---|
|
US-00008316 |
USD 0.00 |
BS-01311820 |
0.00 |
6/1/2023 |
6/30/2023 |
Pending Billing |
Usage |
20.00 |
USD 400.00 |
|
US-00008317 |
USD 0.00 |
BS-01311821 |
0.00 |
7/1/2023 |
7/31/2023 |
Pending Billing |
Usage |
10.00 |
USD 200.00 |
Amend the asset line. You will get the following results:
- Existing billing schedules are superseded and new billing schedules are created with Pending Billing status.
- Draft rated Amount of all the existing usage inputs is set to zero.
- Existing Usage schedule Draft Fee Amount will remain as it is. New schedules that are created will not have any Draft Fee Amount.
Existing billing schedules are superseded and new billing schedules are created with Pending Billing status as shown:
|
Billing Schedule ID |
Period Start Date |
Period End Date |
Fee Amount |
Ready for Invoice Date |
Type |
Status |
Superseded |
|---|---|---|---|---|---|---|---|
|
BS-01311820 |
1/1/2023 |
6/31/2023 |
$0.00 |
7/1/2023 |
Contracted |
Superseded |
Yes |
|
BS-01311821 |
7/1/2023 |
12/3/2023 |
$0.00 |
1/1/2024 |
Contracted |
Superseded |
Yes |
|
BS-01311822 |
1/1/2023 |
6/31/2023 |
$0.00 |
7/1/2023 |
Contracted |
Pending Billing |
|
|
BS-01311823 |
7/1/2023 |
12/3/2023 |
$0.00 |
1/1/2024 |
Contracted |
Pending Billing |
Draft rated Amount of all the existing usage inputs is set to zero.
|
Input id |
Asset No. |
Status |
Quantity |
Rated Amount |
Uasge Date |
Product UOM |
(Draft) Rated Amount |
|---|---|---|---|---|---|---|---|
|
IN-00007052 |
akdsjs |
Loaded |
20.00 |
USD 0.00 |
6/5/2023 |
Each |
USD 0.00 |
|
IN-00007053 |
akdsjs |
Loaded |
10.00 |
USD 0.00 |
7/8/2023 |
Each |
USD 0.00 |
Existing Usage schedule Draft Fee Amount will remain as it is. New schedules that are created will not have any Draft Fee Amount as shown:
|
Schedule id |
Fee Amount |
Billing Schedule |
Actual Quantity |
Period Start Date |
Period End Date |
Status |
Type |
(Draft) Rated Quantity |
(Draft) Fee Amount |
Superseded |
|---|---|---|---|---|---|---|---|---|---|---|
|
US-00008316 |
USD 0.00 |
BS-01311820 |
0.00 |
6/1/2023 |
6/30/2023 |
Superseded |
Usage |
20.00 |
USD 400.00 |
Yes |
|
US-00008317 |
USD 0.00 |
BS-01311821 |
0.00 |
7/1/2023 |
7/31/2023 |
Superseded |
Usage |
10.00 |
USD 200.00 |
Yes |
|
US-00008318 |
USD 0.00 |
BS-01311822 |
0.00 |
6/1/2023 |
6/30/2023 |
Pending Billing |
Usage |
|||
|
US-00008319 |
USD 0.00 |
BS-01311823 |
0.00 |
7/1/2023 |
7/31/2023 |
Pending Billing |
Usage |
Hence, if you amend the asset line item, the associated usage inputs are reset to zero.
