Amend Prices When Next Billed
When you amend prices on an active contract via the Amend Prices button, Billing Central creates a change request with the changes required to adopt the new unit prices. The examples below show how contract line items are changed if the Apply Price Change When Next Billed field in the Billing Central Settings custom setting is selected.
The way contract line items are changed depends on where they fall in relation to the Effective from Date. If the changes are not what you expect, edit the change request before applying it.
How Unbilled One-Off Lines Are Affected by Applying Price Amendments When Next Billed
Billing Central only uses a one-off line's start date to determine whether it is affected by price amendments. The one-off line's duration and end date are ignored.
Key to diagram: The thick vertical line indicates the Effective from Date; dashed vertical lines indicate billing periods. In this example, billing periods follow calendar months.
Where Does the Recurring Line Fall in relation to the Effective from Date? |
Effect of Price Amendment |
|
---|---|---|
The one-off line ends before the Effective from Date (A). | Line is not changed (A). | |
The one-off line spans the Effective from Date (B). | Line is not changed (B). | |
The one-off line starts on or after the Effective from Date (C). | Line is updated with the new unit price (C). |
How Unbilled and Partially Billed Recurring Lines Are Affected by Applying Price Amendments When Next Billed
Key to diagrams: The thick vertical line indicates the Effective from Date; dashed vertical lines indicate billing periods; a diamond symbol (♦) indicates a line's Billed To date. In this example, billing periods follow calendar months.
Where Does the Recurring Line Fall in relation to the Effective from Date? |
Effect of Price Amendment |
|
---|---|---|
The unbilled recurring line ends before the Effective from Date (D). | Line is not changed (D). | |
The unbilled recurring line spans the Effective from Date (E). |
Line is ended on the last day of the billing period in which the Effective from Date falls (E). April 30 in this example. A clone of the original line is created for the remaining duration with the new unit price, starting on the first day of the next billing period after the Effective from Date (E.1). May 1 in this example. The new line aligns to the original line for its billing periods and billing dates. The new line's First Bill Date is the billing date of its first billing period. |
|
The recurring line spans the Effective from Date (F). The line has been billed to the end of May (May 31). |
Line is ended on the date it has been billed to (F). May 31 in this example. A clone of the original line is created for the remaining duration with the new unit price, starting the day after the original line's Billed To date (F.1). June 1 in this example. The new line aligns to the original line for its billing periods and billing dates. The new line's First Bill Date is the billing date of its first billing period. |
|
The unbilled recurring line starts on or after the Effective from Date (G). | Line is updated with the new unit price (G). |