Enter Parameters for Invoicing

Explanation

Use this activity to enter parameters required to invoice a service contract

Prerequisites

A revaluation type should be entered in Service Contract Basic Data/Revaluation Type.

System Effects

As a result of this activity the necessary parameters required to invoice a service contract will be recorded in the system.

Window

Service Contract

Related Window Descriptions

Service Contract
Service Contract/Invoice Parameters

Procedure

  1. Open the Service Contract window and query (F3) for the relevant service contract. Click the Invoice Parameters tab.
  2. Enter the price unit, for which the price to be invoiced is valid in the Unit Length and Unit fields.
  3. Select the Create Period Allocation check box if you want the service contract to allocate the invoiced amount to the available financial periods.
  4. Specify if the invoice should be sent out in advance or after the invoice period in the Invoice Rule field.
  5. Enter how often an invoice should be generated in the Start Value, End Value, Interval, and Interval Unit fields.
  6. Specify the date when the first revaluation should take place in the First Rev. Date field.
  7. Finally include the revaluation type that will be applied when the price is revaluated in the Revaluation Type field. The interval at which the revaluation should be performed is retrieved automatically. You can change this value if required.
  8. Save the information (F12).

Note: It is possible to predefine whether the Create Period Allocation check box should be selected or not by default and also which allocation method should be used as the default method, using object properties. These object properties are described in e-learning presentation Service Contract - Basic Data and Requirements.