A bill is an object provided to support the calculation of charges to establish assessments. In particular, bills are designed for levying assessments based on the value of an asset. A bill references a single tax role, obligation and revenue period. An obligation may have more than one bill for the same period but the product does not expect two bills of the same type within the period.
A bill captures three key sets of information:
Value details are the values that form the basis of the bill calculation. Value details will most commonly be derived from asset valuations.
Calculation lines capture the results of the computation steps used to calculate the bill. In addition, they capture the information required to create bill segments.
Bill segments record bill details from which the financial transactions can be created, including due dates and amounts.
The topics in this section highlight billing functionality.
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