Using The Anniversary Method
The anniversary date method causes the bill segment end date to be calculated based on the first day of service. For example, if a service agreement started on the 16 th of some month, the ongoing bill segments will start on roughly the 16 th of each month. This method is frequently used to bill for garbage or cable service. When using this method, you also define the applicable billing frequency (i.e., monthly, bi-monthly, quarterly, etc.).
The following table contains the bill periods for a service agreement's starting on 23-Feb-99 that uses a monthly frequency.
|
Start Date |
End Date |
Billing Days |
|
23-Feb-99 |
25-Mar-99 |
30 |
|
25-Mar-99 |
25-Apr-99 |
31 |
|
25-Apr-99 |
25-May-99 |
30 |
|
25-May-99 |
25-Jun-99 |
31 |
|
25-Jun-99 |
25-Jul-99 |
30 |
|
25-Jul-99 |
25-Aug-99 |
31 |
|
25-Aug-99 |
24-Sep-99 |
30 |
|
24-Sep-99 |
24-Oct-99 |
30 |
|
24-Oct-99 |
24-Nov-99 |
31 |
|
24-Nov-99 |
24-Dec-99 |
30 |
|
24-Dec-99 |
24-Jan-00 |
31 |
|
24-Jan-00 |
23-Feb-00 |
30 |
|
23-Feb-00 |
25-Mar-00 |
31 |
Future and Past End Dates. It's important to be aware that anniversary billing can generate end dates that are in the future or in the past. The future-option generates the next anniversary date after the current date. The past-option generates the anniversary date that immediately precedes the current date.
The service agreement's SA type indicates if the service agreement uses this method, and if so, the billing frequency.
For more information about the SA Type attributes that control this method, refer to Setting Up SA Types.