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Management of Agreements

Siebel Agreements provides functionality for agreements relating to renting, leasing, financing, and usage. You set up renting, leasing, and financing using nonrecurring charges, recurring charges, and schedules for agreement invoicing. You set up usage using use plans, asset measurements, and readings.

Nonrecurring charges (NRCs, for example, the one-time fee for a service agreement) and recurring charges (RCs, for example, a monthly service fee) apply to agreements. Usage-based agreements can include service components.