What Is A Non-Billed Budget?

A Non-Billed Budget is a special type of budget or payment plan that encompasses three major elements:

• A set of scheduled payments
• The business rules used to recommend and potentially renew the payment schedule
• The business rules that govern the financial impact on the current and payoff balances of the SAs covered by the payment schedule

Non-Billed Budgets are managed via a service agreement whose SA type has a special role of Non-Billed Budget. If an SA type has a special role of Non-Billed Budget it must have one or more recommendation rules, and SAs of that type are allowed to have payment schedules.