Oracle Cloud offers a broad portfolio of software as a service applications, platform as a service, and social capabilities, all on a subscription basis. Oracle Cloud delivers instant value and productivity for end users, administrators, and developers alike through functionally rich, integrated, secure, enterprise cloud services.
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

Subscribe to the OracleAppsHub to receive notifications when there are new posts:

 get RSS feed
 Oracle Fusion Applications (OFA) is a portfolio of next generation suite of software applications from Oracle Corporation. It is distributed across various product families; including financial management, human capital management, customer relationship management, supply chain management, procurement, governance, and project portfolio management
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

EBS : Milestone Billing

Posted on September 29th, 2017 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Have you tried OracleappsHub in ipad/iphone/smart Phone? Don't wait. try it today

Milestone is a type of billing that occurs only as certain milestones have been attained.

Milestones are events or conditions that trigger the billing.

For example, you can bill customers based on the number of days since the activity began, a specific date, a manual milestone you specify, or an activity percentage of completion.

You define the milestones to be used and the amounts to be billed for each milestone.

In EBS R12.2.7 , Oracle Order Management extends support for flexible ordering of products, services, subscriptions and warranties with a new milestone billing option.

This option lets customers with long lead times for custom-designed equipment define the amount or percentage to be billed at each interim milestone.

This help to Support for manual item substitution after order booking avoids the overhead of cancelling and recreating order lines.

Indeep a great feature , after a long time.

Related Posts

Posted in Oracle Order Management | No Comments »Email This Post Email This Post | Print This Post Print This Post

Have you tried OracleappsHub in ipad/iphone/smart Phone? Don't wait. try it today
Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.