Defining Offset Days for Periodic Billing Invoice Date

Reference : 23571

(V 02.00.06-00)

Details

In CR2, you can define Offset Days for Periodic Billing &endash; Billing Terms,   which can be defined against Charge Start Date / Charge End date for an order for generating invoices.  The Offset days defined for a billing term will be considered for calculating Invoice Date, while generating Invoices for a periodic billing order.

You can define Offset days against Charge Start Date and Charge End Date in the Billing Term definition dialog , as shown in Figure 1.0 and 1.1 respectively.

Figure 1.0

On tagging a Billing Term definition having Offset days defined with Charge At set as Begin, the Invoice date will be calculated as Charge Start Date + Offset days defined.

See also : Usage Illustration - Scenario I

Figure 1.1

On tagging a Billing Term definition having Offset days defined with Charge At set as End, the Invoice date will be calculated as Charge End Date - Offset days defined.

See also :  Usage Illustration - Scenario II

Usage Illustration

Scenario : I

• Create a rental reservation order for 1 month with Start date as 1^st June 2011.

• Add an Item with Day price as 100, Week Price as 200 and Month Price as 300.

• Set the Pricing Month as 28 Days in Default Tab.

• Add a Billing Term definition with Off set days defined as 17 days against Charge Start Date,  as shown in Figure 2.0.

Figure 2.0

• On Invoicing the order, the invoice date will be generated based on the Offset duration defined for the Order-Billing Term. As per the above billing term definition, the invoice will be generated with the date 18^th June 2011(Charge Start Date + 17 Days) .

Scenario : II

• Create a rental reservation order for 1 month with Start date as 1^st June 2011.

• Add an Item with Day price as 100, Week Price as 200 and Month Price as 300.

• Set the Pricing Month as 28 Days in Default Tab.

• Add a Billing Term definition with Off set days defined as 17 days against Charge End Date,  as shown in Figure 2.1.

Figure 2.1

• On Invoicing the order, the invoice date will be generated based on the Offset duration defined for the Order-Billing Term. As per the above billing term definition, the invoice will be generated with the date 10^th June 2011 (Charge End Date - 18 Days).