Billing Plans

Billing plans store information about when billing occurs, how bills should appear, and what notes should relate to the bill. Data from PeopleSoft Contracts drives the creation of bill lines for fixed-price contract lines. For rate-based contract lines, data from both PeopleSoft Contracts and PeopleSoft Project Costing drives the creation of bill lines. In both cases, PeopleSoft Contracts creates the bill lines for the Billing Interface tables (PS_INTFC_BI, PS_INTFC_BI2, PS_INTFC_NOTE, PS_INTFC_BI_AEDS, and PS_INTFC_BI_HDR).

The Generate process in PeopleSoft Proposal Management fills in the appropriate fields on the Billing Plan General page in PeopleSoft Contracts based on the default values that you set up for the PeopleSoft Proposal Management business unit and associated bill and bill detail templates on the products assigned to activities.

When you change the contract status to Active, the system automatically changes the status of the billing plan to Ready. At this point, you can initiate the Contracts Billing Engine process to select the billing plan for processing. To transfer bill lines to PeopleSoft Billing, you must run the Contracts/Billing Interface process (CA_BI_INTFC).

Note:

The system creates billing plans only if a billing plan template is assigned to the product ID used on the contract line.