Non-billed Budget Segmentation
If you allow your customers to pay set amounts at specified intervals (e.g. every two weeks), you need to set up contract types for non-billed budget contracts. Non-billed budgets are typically used when your company bills on an infrequent basis and you want to provide your customers with a mechanism to make smaller payments more frequently. You may implement two types of non-billed budgets monitored and unmonitored, each type requiring a different contract type. You may also implement different renewal options for non-billed budgets.
Division/Contract Type | Service Type | Distrib. Code | Non Billed Budget Monitoring | Debt Class | Renewal | Bill Seg Type |
---|---|---|---|---|---|---|
CA/NBB-MON | Other | A/P - OVPY | Monitored | NBB | Optional | Not billed |
CA/NBB-UNMON | Other | A/P - OVPY | Unmonitored | N/A | Optional | Not billed |