Overview
Price amendments/changes within a Recurring Charge can be automated using the Date Effective Pricing functionality. Date Effective Pricing can be set up and maintained (within the Contract Term) as required and the Recurring Billing Engine will bill the pricing as defined in the schedules.
Application
To be used to when wanting to amend the Recurring Charge price based on predefined dates.
Prerequisites
None
Navigation
Sales Contracts Maintenance > Contract Recurring Charge (not in Edit mode)
Processing
- Within an already defined Recurring Charge record (not in Edit mode), click on the Edit Date Effective Pricing button.
- Add records as required and click Save.
Fields
First Effective Date: Recurring billings that occur on or after this date through the Last Effective Date, will use the Periodic Price set for this row.
Last Effective Date: Recurring billings that occur on or after the First Effective Date through this date, will use the Periodic Price set for this row.
Periodic Price: The Periodic Price used when within the given date range.
Billing Period Price: The Periodic Price used for billings that fall within this date range.
SEE ALSO
