Archiving Financial Objects

This section describes considerations related to the ILM-enabled financial objects, such as bills, payments, adjustments, match events and financial transaction.

Retention Periods of Financial Objects

Each financial MO's eligibility criteria include checks on the status of related objects. For instance, financial transactions (FTs) are eligible for archive only if the related bill segment, payment segment, adjustment or match event is either archived (dropped from partition) or eligible for archive (record still exists with the ILM Archive Switch set to 'Y'). So it's important that the retention periods of the related financial objects align with each other.

Archiving Historical Bill Segments

For historical bill segments being archived, your implementation should not archive bills and bill segments that are eligible to be rebilled or those that are required for re-billing subsequent bills or bill segments - e.g., for determining bill segment start dates, if historical service quantities are required for calculation purposes, etc.. From a billing perspective, these may still be considered active.