Duration Ranges

You use contract duration ranges to prorate contracts. For example, when you set up prices in advanced pricing, you might enter a duration of 12 (for 12 months) as follows:

• From Billing Duration = 1.

• Thru Billing Duration = 12.

• Billing Duration = 12.

  For a six-month contract, the program determines that six is within the duration range of one to 12. The program retrieves a 12-month price from advanced pricing, divides that price by 12, and then multiplies it by six. The result is a prorated price for the six-month contract.