Define Customer Billing Configuration

To define the customer billing configuration, you:

  • Define payment terms
  • Define business unit rules for accounting
  • Manage transaction sources

Here's the high-level procedure for quick billing setup:

  1. Go to the Define Customer Billing Configuration for Subscription Management task in Define Subscriptions.

  2. Click each task within Define Customer Billing Configuration for Subscription Management.

    • On the Manage Receivables Payment Terms page, define payment terms.

      For details about payment terms, see the Define Payment Terms section in the Oracle Financials Cloud, Implementing Receivables Credit to Cash guide.

    • On the Manage AutoAccounting Rules page, define rules based on your Business Unit.

      For details about AutoAccounting, see the Define AutoAccounting section in the Oracle Financials Cloud, Implementing Receivables Credit to Cash guide.

    • On the Manage Transaction Sources page, ensure that the predefined transaction source ORA_Subscriptions is present. You must use this transaction source when you run your program.

    • On the Manage Transaction Types page, ensure that the predefined transaction types of ORA_OSS_Credit Memo and ORA_OSS_Invoice are available.

      Note: Credit memos from Subscription Management are interfaced to Accounts Receivable only after populating the invoice details in subscription billing using the Fetch Subscription Invoice Information from Receivables process.

    To change the credit memo type, change the value of Credit Memo Type by going to Setup and Maintenance > Manage Transaction Types > Transaction Type Name.

  3. Click Save and Close.

To define subscription usage-based billing:

  1. Go to the Define Subscriptions task and click Register Third Party Applications for Subscription.

  2. Enter Endpoint URL, User Name, and Password.

  3. Click Save and Close.

For details about managing autoinvoices, see the Manage AutoInvoice section in the Oracle Financials Using Receivables Credit to Cash guide.

Usage-Based Billing

Oracle Subscription Management supports a flexible usage rating model comprised of flat rate and tiered pricing. Complex usage rating models can be implemented using algorithm extensions. Usage is always billed in arrears.

This graphic describes usage acquisition and rating.

Usage acquisition and rating