Allow Recurring Charge Switch versus Bill Segment Algorithm

This section shows valid combinations of the contract type's allow recurring charge switch and the bill segment creation algorithm defined on the contract type's bill segment type. If N/A appears in a cell, the combination is not supported in the system. Otherwise, we list typical types of contracts that will use a combination.

The following table illustrates how the recurring charge switch defined on a contract type behaves when the respective algorithm is attached in the corresponding bill segment type:
Bill Segment Create Algorithm	Contract Type Recurring Charge Switch
Bill Segment Create Algorithm	Not allowed	Optional	Required
Apply Rate	Financial services - no budget Misc recurring charges whose value is specified in a rate or is taxable.	Financial services - budget optional	Financial services - budget required
Recurring Charge With Auto Stop	N/A	Payment arrangements. Merchandise installment plans. SEE NOTE!	Payment arrangements. Merchandise installment plans. SEE NOTE!
Recurring Charge For Amount To Bill	N/A	Deposit installment plans. SEE NOTE!	Deposit installment plans. SEE NOTE!
Billable Charge	One time invoices. Pass through charges	N/A	N/A
Loan	N/A	N/A	Loans.

Note: Most recurring charge contract types require a recurring charge amount on their contracts. However, the above matrix indicates you can have recurring charge contract types where this value is optional. Why? A special algorithm exists in billing that says if the recurring charge amount is 0 (zero) the system will bill the remaining payoff balance or total amount to bill. This algorithm exists so that you can easily bill the amount in one lump sum (i.e., don't bill it in installments).

Where Used

The billing information is used when the system creates a bill segment for contracts of this type.