When Line Level Unit is Blank

(V 02.00.01-00)

Pricing and Billing for an Order will always be based on the Item Pricing and DIW and DIM month definitions and Fractional Charge Duration will not be considered.

The Illustration below explains how Order line amount is calculated for each Day.

Illustration 1

Define Invrental Price as below:

Day Price = 10
Week Price = 40
Month Price = 100

Set the Unit as Blank

Table 1.0 Pricing

Day	Order Line Amount	Calculation
1	10	Day Price of 10 is applied for 1 day
2	20	10*2 = 20
3	30	10*3= 30
4	40	10*4= 40
5	40	Day 5 to 7 the Price will remain as 40, since Weekly Price should not exceed 40.
6	40
7	40
8	50	Price on 1^st Day of 2^nd week : = Price of 1^st week + Price for 1^st Day in 2^nd Week = 40+10 = 50
9	60	Similarly for Price 2^nd Day of 2^nd Week : = 40+20 = 60
10	70	Price for 3^rd Day of 2^nd Week is: = 40+30 = 70
11	80	= 40+ 40 = 80
12	80	Day 12 to 14 the Price will remain as 80, since Price for 2weeks should not exceed 80, i.e. (Week price * No of Weeks) = 40*2 = 80
13	80
14	80
15	90	Price on 1^st Day of 3^rd week = Price of 1^st week + Price 2^nd Week + Price of 1s day of 3^rd week = 40 + 40 + 10 = 90
16	100	Similarly for Price 2^nd Day of 3^rd Week = 80+20 = 100
17	100	Day 17 to 28 the Price will remain as 100, since Monthly Price should not exceed 100.
18	100
19	100
20	100
21	100
22	100
23	100
24	100
25	100
26	100
27	100
28	100
29	110	= Price for 1month + 1 Day = 100 = 10 = 110

Note: From the 29^th Day, the Pricing will again go in a Loop and it will Loop back to Day 1, if Pricing Month By is set to 28 Days.

Billing

Billing for an Order will be different when Pricing Month By is set to 28 Days or Calendar Month, the section below explains the different cases:

When Pricing Month By is 28 Days and Billing Terms is Monthly:
For an Order having duration of 1month starting from 1^st JUNE:

Order Details will be as follows:

Order Duration = 31 Days and Amount = 130

Table 2.0 Invoice Details

Invoice #	From Date	To Date	Amount
INV#1	01-06-2010	28-06-2010	100
INV#2	29-06-2010	01-06-2010	30 [10+ 20]

For an Order having duration of 1month starting from 15^th JUNE:

Order Details will be as follows:

Order Duration = 31 Days and Amount = 130

Table 2.1 Invoice Details

Invoice #	From Date	To Date	Amount
INV#1	15-06-2010	12-07-2010	100
INV#2	13-07-2010	15-07-2010	30 [10 + 20]

For an Order having duration of 2months starting from 1^st JUNE:

Order Details will be as follows:

Order Duration = 61 Days and Amount = 240

Table 2.2 Invoice Details

Invoice #	From Date	To Date	Amount
INV#1	01-06-2010	28-06-2010	100
INV#2	29-06-2010	26-07-2010	100
INV#3	27-07-2010	31-07-2010	40

When Pricing Month By is set to Calendar Month and Billing Terms is Monthly:

Note: When Pricing Month By is set to Calendar Month, then system will always consider the Monthly Price for Pricing and Billing.

For an Order having duration of 1month starting from 1^st JUNE:

Order Details will be as follows:

Order Duration = 31 Days and Amount = 110

Table 2.3 Invoice Details

Invoice #	From Date	To Date	Amount
INV#1	01-06-2010	30-06-2010	100
INV#2	01-07-2010	01-07-2010	10

For an Order having duration of 1month starting from 15^th JUNE:

Order Details will be as follows:

Order Duration = 31 Days and Amount = 110

Table 2.4 Invoice Details

Invoice #	From Date	To Date	Amount
INV#1	15-06-2010	14-07-2010	100
INV#2	15-07-2010	15-07-2010	10

For an Order having duration of 2months starting from 1^st JUNE:

Order Details will be as follows:

Order Duration = 61 Days and Amount = 200

Table 2.5 Invoice Details

Invoice #	From Date	To Date	Amount
INV#1	01-06-2010	30-06-2010	100
INV#2	01-07-2010	31-07-2010	100

Note: When Billing Terms is changed, system will retain the Invoices which are already generated with the old billing terms and the changed Billing Terms will be applied for the other days for which Invoice is not generated.

Click here to view the Details and Illustration when Unit is Defined

Click here for information on Auto Extending Duration on Posting Invoice