Ways To Control The End Date Of A Bill Segment

The following points describe the different methods that can be used to define the end date on a contract's bill segments:

  • Bill Period Schedule. Contracts may have the end date of their bill segments defined on the user-maintained bill period calendar. This option is used when bill segments must fall on strict calendar boundaries (e.g., quarterly bills that end on the last day of the quarter).
  • Billable Charge. For contracts that exist to levy billable charges, the start AND end dates are defined on the billable charge information that is entered by a user or interfaced from an external system.

The topics in this section discuss each of the above methods.

Related Topics:

Parent Topic: Bill Frequency - Bill Cycle vs Bill Segment Duration