Billing Plan Assignment

You can assign prepaids to billing plans using one of two methods:

• Billing plan template

  Use billing plan templates to streamline the billing plan creation process. You can set up billing plan template defaults at the PeopleSoft Contracts business unit level. The values that you enter at the business unit level appear by default on the prepaid. Select a billing plan template or accept the default billing plan template on the Initial Billing tab of the Prepaids page.

  If you use a billing plan template to create the initial billing plan for the prepaid, the system creates the billing plan when the prepaid status is changed to Ready. In addition, if the option to automatically ready the billing plan was selected on the billing plan template, the system sets the billing plan status to Ready.

• Assign Billing Plan page

  If you do not select a billing plan template when creating your prepaid, you must use the Assign Billing Plan page to assign a billing plan manually for the prepaid sequence. Use the Billing Planslink in the Go To field on the Prepaid component to reach the Assign Billing Plan page.

PeopleSoft Contracts enables you to unlink an initial billing plan after it has been created or assigned. You can unlink the billing plan and relink the prepaid to another plan, or create a new billing plan. You perform these tasks on the Assign Billing Plan page in the Prepaids to be Assigned/Unassigned group box.