How do I setup milestone billing?

You can follow these steps for milestone billing:

• Define milestone names and milestones sources in two lookup types.
• Define milestone templates.
• Create a subscription and select a subscription product (not a coverage) with a one-time charge.
• Assign the MBBRR template to the one-time charge and update the milestones as required. Then generate the bill lines for the milestones.
• Activate the subscription and then send the bill lines to Oracle Accounts Receivable and revenue information to Oracle Revenue Management Cloud.