Proration Policy Fields
Here is a description of the fields on the Proration Policy object.
Key: * – Mandatory field;
Field Name |
|
Description |
---|---|---|
Proration Policy Name |
* |
Name of the proration policy. |
Automatically Assign to New Contracts |
|
Indicates that this proration policy is assigned automatically to new contracts unless you select an alternative. It is not assigned when you create a renewal or change request because then the proration policy on the existing contract is copied to the new contract. You cannot select this checkbox for more than one proration policy. |
Calculation
Field Name |
|
Description |
---|---|---|
Calculation Method | * |
Indicates how the amount owed is calculated on contracts that use the proration policy. You can select:
You cannot change the calculation method if the proration policy is assigned to a contract.
|
Set Final Period to Remainder from First |
When the first and final periods are partial periods, the final period value is adjusted to the residual amount from the first period so that they equal one whole charge period. This checkbox is not applicable if the calculation method is Invoice as Full Billing Periods. You cannot change this checkbox if the proration policy is assigned to a contract. |