Billing Summarization
Billing summarization allows you to summarize bill lines downstream in PeopleSoft Billing for printing on the invoice. Summarization templates are assigned at the billing plan level for amount-based and rate-based contract lines. You can associate a billing summarization template on the billing plan detail template or directly on the billing plan. When the Contracts/Billing Interface process is run, the system passes the summarization template to PeopleSoft Billing to combine contract line transaction data and create the summarized invoice. For immediate, milestone, and percent complete billing plans, you can specify additional criteria on the billing plan to print summarized billing plan lines, while leaving other billing plan lines at the detail level. You can select one billing summarization template per billing plan.
Before you can use the billing summarization functionality, you must set up the billing summarization components in PeopleSoft Billing. To set up billing summarization criteria for PeopleSoft Contracts billing, complete the following steps:
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Define summarization group types.
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Define summarization identifiers.
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Define summarization templates.
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Assign summarization templates to billing plans manually or using the Billing Plan Detail template.
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Assign summarization group types to billing plan lines for immediate, milestone, and percent complete billing plans manually or using the Billing Plan Detail template.
Note:
Summarization templates cannot be assigned to billing plans that use the Value-Based or Recurring billing method.
Important:
Summarization group types and summarization group ID's must be included as attributes in the summarization template setup before PeopleSoft Billing can create summarized billing plan lines.