New Features

Following are the new features introduced in this release:

Generating Weekly Billing Schedules

With this release, Conga Billing provides you the capability to generate weekly billing schedules. You can now bill and invoice your customers weekly. 

Generating Billing Schedules on Order Creation 

With this release, Conga Billing provides the capability to initiate billing on order creation. You can now generate billing schedules as soon as your order is created. 

Ability to Apply Discount on Entire Contract Term

With this release, Conga Billing introduces Single Transaction Adjustment flag, using which you can apply the discount on the entire contract term instead of the asset term. 

Enhancements

Following are the new enhancements introduced in this release:

Sending Invoice Emails for Approved Invoices Only 

Conga Billing has now added validation on sending invoice emails. You can now send invoice emails for invoices with Status as Approved. 

Limited Support for Ready for Billing Date Field for Existing Implementations 

In this release, Conga Billing provides limited support for existing customers that have already implemented use cases leveraging the Ready for Billing Date. This field is not meant for new implementations.

If you are using Ready for Billing Date, consider the following guard rails: 

• If your new order starts from 1/1/2020 and ends on 12/31/2020, and you do not perform inflight order changes, your Ready for Billing Date must be set as 1/1/2020. This is to ensure that your billing amount tallies with the invoiced amount. If you do not set your Ready for Billing Date as 1/1/2020, the billing amount will be calculated incorrectly after you perform Asset-based Operations.
• If your new order starts from 1/1/2020 and ends on 12/31/2020, and you perform inflight order changes on 1/12/20, then ensure that you set your Ready for Billing Date as 1/12/2020. This is to ensure that your billing amount tallies with your invoiced amount.  
• If your Asset-based Order starts from 3/15/2020 and you do not perform any inflight changes, your Ready for Billing Date must be as 3/15/2020. This is to ensure that your billing amount tallies with your invoiced amount.
• If your Asset-based Order starts from 3/15/2020 and you perform an inflight order change on 3/20/20, your Ready for Billing Date must be set as 3/20/2020.This is to ensure that your billing amount tallies with your invoiced amount.

If the Ready for Billing Date is different from the Asset Start Date and you have performed multiple Asset-based Operations, the total amount of all the invoiced schedules will not match the Asset TCV.