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

Billing for Service Contracts Agreements

Posted on November 20th, 2009 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

In OKS, A billing schedule(or typically consider Billing agreenment schedule) determines when the customer is billed for the services they receive.

Therefore you must specify billing schedules for each contract that you author in Oracle Service Contracts.

Those Contract indirectly created in Oracle Order Management need not to create a billing schedules again.

Typically billing schedules can be defined at the contract header, the contract line, or the subline level.

In order to initiate and complete the billing process for a month, you must run the following concurrent programs:

  1. Service Contracts Main Billing :This program is run from OKS side. It generates a log file of the total value processed, total value successful, and total value rejected for billing. According to pricing attributes set up in the contract and billing schedule, detailed
    transactions are generated in the Service Contracts billing interface table.
  2. AutoInvoice Import Program :This imports the billing transactions from the Service Contracts Main Billing Program into Oracle Receivables and generates the invoice details.AutoInvoice is used to import Transaction Batches and Typically used transaction source as OKS_CONTRACTS.
  3. Service Contracts Fetch Receivables Info for Billing :This concurrent request obtains the invoice number and tax from Oracle Receivables, and updates the contract billing history. This information is displayed in the contract’s billing history.

Related Posts

Posted in Service Contracts | 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.