Prorating window

From Billing, select Set up module > Products, and click Prorate Rules

Rules

List of defined prorating rules.

Product

This field is automatically populated with PRORATE. You can edit this value.

Type

Indicates the number of months in the billing period. This number must agree with either the Product Renewal Months, on the Set up products window (see Set up products window) or the Standard Billing Interval on the Billing Set up general options window (see General options window).

Description

Specifies a detailed description of the prorating rule.

Prorating Table Entries

The entries in the prorating table specify the amount that a customer is charged. For example, if month 1 represents an on time payment, for which a customer is charged a full fee (100%), the Amt/Add'l Unit field will hold a "1". There must be one table entry for each month in the renewal cycle as defined in the Type field.

Base Amount

Specifies refinements (if any) to the prorating rule. The following codes can be entered in this field:

  • F (Future Credit) - Postpones the prorating discount to the second billing year.
  • B (Bump Date) - Advances the end of the billing term to the end of the next term. The amount charged depends on the multiplier entered in the Amt/Add'll Unit field.

Amt/Add'll Unit

Indicates the percentage of the full price to charge customers.