Manage True-up of Usage Estimates and Commitments

This feature enhances the usage rating functionality to support rating models based on the true-up of estimates or commitments. We have improved the entitlement plans and balance profiles to model both estimates and commitments, along with the true-up period. In the case of estimates, users can optionally configure each to true-up only for shortages, overages, or both. The rating job will create true-up schedules for both estimates and commitments based on the entitlement plan, which can be tracked in the balance register. Additionally, the rating job will perform the true-up and update the bill lines once the true-up date is current or in the past.

Balance Code

Balance Code

Balance Profile

Balance Profile

Balance Profile

Balance Profile

Balance Profile

Balance Profile

Entitlement Plan

Entitlement Plan

Entitlement Plan Assignment

Entitlement Plan Assignment

Estimate Register

Estimate Register

1. Allows tracking of quantity and amount based estimates or commitments in a balance register and true-up only for shortages, overages, or both in case of estimates.

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

1. We have introduced the true-up period (Period end / Offset) at the balance profile level along with Event Type. This needs to be set for both estimate or commitment model.

2. In the charges section under balance profile, you need to select either of allowance grant, estimate or commitment. A usage charge can be setup for one of these values. You can use recurring charge as a related charge to grant either estimate, allowance or commitment.

3. In the entitlement plan under estimate section, you can select either true-up shortage or true-up overage or both. In case of only shortage system will generate a negative invoice for the shortage quantity (overage is not billed). In case of only overage system will generate a positive invoice for the overage quantity (shortage is not billed). In case of both system will generate both negative and positive invoice.

4. To process the negative invoice into Fusion Accounts Receivables ensure the transaction type accepts both positive and negative values.

5. Currently negative invoice lines are not interfaced to Fusion Revenue Management Cloud.

6. In the entitlement plan under commitment section, you can setup the committed quantity or amount. At the end of the true-up period system will always bill the committed quantity or amount if its less than the setup values.

7. The billing period and true-up period can be different (currently the true-up period is derived as usage charge period).