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.