Create and Manage Subscription Profiles

A subscription profile consists of its pricing and billing strategy and a layout template.

Subscription profiles have unique attributes, which upon selection determine the billing schedules of the subscription. As a setup user, you can create subscription profiles that salespeople can use during subscription creation. For example, if you select Advance Invoice as the invoicing rule, it guarantees that the billing takes place before the period begins. You can change your billing attributes when the subscription is in the Draft status.

Note: Subscription profile displays only transaction types which are created as common set in Accounts Receivables. Transaction types created in specific business unit reference data set aren't displayed in subscription profiles as you can't associate a subscription profile with a business unit.

To create a subscription profile:

1. Sign in as a setup user.

2. Navigate to the Subscription Management work area.

3. On the Subscription Configuration page, click the Subscription Configuration tab.

4. Click Manage Subscription Rules.

5. Click the Subscription Profiles subtab.

6. Click Create.

7. On the Create Subscription Profile page, enter the profile name.

8. Enter pricing and billing information. This section consists of attributes that specify the subscription's billing schedule and pricing details.

   This table describes the pricing and billing parameters:

   Parameter	Description
   Bill Service	The options are Bill, Don't bill, and Bill on renewal. Note: Bill services only apply at the subscription header level and you can't select this option at product level. In a scenario where you want legacy subscription billing to happen using Oracle Account Receivables, you can initially select Don't bill until contract renewal. Upon renewal, you can select Bill on renewal. In a scenario where you don't want legacy subscription billing to happen using Oracle Account Receivables, you can select Don't bill.
   Invoicing Rule	You can select between bill payments in the form of Advance Invoice and Arrears Invoice.
   Billing Frequency	You can select the following billing periods: Month, Year, Quarter, and Year.
   Billing Date	You can select from Period Start, Period End, Day, and Offset. For example, if you select Period Start, the billing happens at the start of the defined period. If you select Offset, then the billing starts after the number of days defined in offset. The invoice date is controlled by the Billing Date. For example, you can set Billing Date as Period Start so that the invoice date is always at the beginning of the billing period. In some situations, you may want to send invoices to Account Receivables 3 days prior so that invoices can be prepared and sent out to customers on or before the invoice date.
   Accounting Rule	You can select this to determine the rule for revenue recognition.
   Transaction Type	You can select this to determine if the billing is going to be an Invoice or a Credit Memo. You can't control the credit memo amount using the Overapplication field in Account Receivables.
   Payment Terms	You can select to have various types of payment methods, such as Immediate, Last Day Month, Due 10th, and so on. This indicates the period within which the customer must pay. Note that the Subscription Profile supports only the payment terms defined under the Common set. However, as an alternate solution, at the subscription level, you can select a payment term that's not in the Common set. You can enable the Payment terms field in the UI by adding the field in Page Layout from Application Composer.
   Billing System	The billing system can have a valuer of either Oracle Fusion or Third Party. If the billing system is Oracle Fusion, then the billing interface errors are written in the appropriate schedule process log file. A mapping exists between Oracle Subscription Management and Oracle Account Receivables. If the billing system is Third Party, then the billing interface errors are written on the bill lines. These errors can then be shown BI reports. Here's the information you can send to Oracle Account Receivables: line formation, header information, covered level attributes, and bill line attributes.
   Period Start	You can select your billing period to begin either on the date on which the service began: Service Start, or Calendar month.
   Period Type	You must select between Actual and Fixed to determine if the billing period is based on the number of days in the month, or a fixed duration, such as 30 days.
   Close Credit Method	You can select from Prorate with credit, Prorate without credit, and Full to determine whether or not partial or full charges are waived as a refund upon termination.
   Invoice Text	To process the descriptions of the invoice by an accounts receivables application, you must add attributes for the subscription invoice text. This includes Charge name, Item name, Bill to date, Bill from date, and so on.
   Coverage Invoice Text	To process the descriptions of the invoice by an accounts receivables application, you must add attributes for the coverage invoice text. This includes Asset number, Item name, Bill to date, Bill from date, and so on.
   Automate subscription line numbering	You can select this field so that the application automatically generates line numbers for subscription products.

   The combination of the Invoicing Rule, Billing Frequency, and Billing Date determine the billing schedule of the subscription.

9. In the Contract Layout Template section, select a layout template and language.

10. Click Save and Close.