Billing Management
This section lists terms and their definitions for the Billing Management application.
Account
Any organization, company or consumer that a user wants to track as a customer, partner, or competitor.
Billing Cycle Start
Any day on which you want to bill your customers. Billing schedules are aligned on the basis of the billing cycle start.
Billing Day of the Month
The day of the month on which you want to bill the customer.
Billing Frequency
Dictates how the total contract value is distributed and billed over time.
Billing Plan
Billing Preferences
Drives the generation of Billing Schedules. The Billing Preference that you define determines:
- Billing schedule alignment based on the billing cycle start day
- If informational billing schedules are created or hidden
Billing Rule
Determines the date on which an invoice will be generated for a billing schedule.
Billing Schedules
For a product, billing schedules are a distribution of the net amount of a contract, based on the chosen Billing Frequency.
Credit Memo
A Legal document that states the credit balance. It is issued to counterbalance current invoices or apply to future invoices.
Custom Invoice Numbering
Lets you customize your invoice numbering by adding dynamic prefixes and suffixes.
Delayed Usage
Dunning Policy
Evergreen Asset
Invoice Run
A batch job for generating invoices in bulk.
Invoice Template
Used to generate an Invoice document.
Invoice
A list of products or services provided, with a statement of a sum due for each product or service sold.
Payment Term
An object used to calculate the invoice due date from the invoice date.
Proration
How a billed amount is distributed over partial billing cycles.
Same Day Cancellation
Split Invoice
Related A/R Transactions
When any payment is made using any third-party payment solution, the payment detail (such as amount, mode, date and other information) is passed on to the Conga Billing Management system and registered as a Related A/R Transaction that corresponds to that transaction type.
Usage Input
An object used to record the usage quantity consumed within a specific duration.
Usage Rating Batch Size
A field that contains the numeric value of Usage Inputs to process per batch when rating the usage. The default value is 200.
Usage Schedule
Detailed usage rating information, including the current total rated quantity.