Create a Service Contract Coverage Line
While creating a service contract, you can add coverage lines which include the setup and maintenance of serviceable items for a specified period of time.
Coverage lines describe the type of service required for covered assets within the line. You must create and manage a coverage line with the same Enterprise Contracts UI that is used for creating a contract. You must enter the following additional information for a coverage line to be processed:
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Number: Line umber of the coverage line for the item selected.
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Name: Service type extracted from the inventory to the coverage line.
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Price UOM: Optional for service contracts, it is the unit of measurement for pricing. For example, the Price UOM can be 'Each'.
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Start Date: Start date of the coverage line. This value can be changed and may differ from the start date of the contract.
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End Date: Date until which the coverage line is valid. This value can be changed and may differ from the start date of the contract.
On creation of the coverage line, you can view the details of each covered asset including the Net Price, Price Periodicity, Tax estimations and Unit Price in the billing summary. The charges of price type 'One time' are the charges per covered asset quantity, like registration fee, for example. The charges of price type 'Recurring' are the charges per covered asset quantity per recurring periodicity, like usage and consumption fee, for example.