Billing Schedule Fields

Billing schedules enable you to automatically generate billing documents from contracts. Here is a description of the fields on the Billing Schedule object.

Key: * – Mandatory field; R – Read-only in all contexts.

Field Name

  

Description
Billing Date *

Date on which a billing document is due to be created for this billing schedule.

Billing Document Line Item

  

Lookup to the billing document line item generated from this billing schedule.
Contract   Contract to which the billing schedule belongs. This enables the billing schedules to be grouped by contract.

Contract Line Item

*

Lookup to the contract line item that is to be processed.

Contract Status

  

Status of the contract to which this billing schedule belongs.
Contract Type R Type of contract to which this billing schedule belongs.

End of Period

 *

Last day of the billing period for this billing schedule.
Final Schedule R

Indicates whether this is the last billing schedule for the contract line item. This checkbox is selected if:

  • The Billing Period End Date is equal to or later than the end date of the related contract line item to which it belongs.
  • The related contract line item has the billing type one-off.
Month   Formula field, used in the default Billing Central reports, which calculates the month of the Billing Period Start Date.

Start of Period

 *

First day of the billing period for this billing schedule.
Value  

Value of the billing schedule, stored for reporting purposes only. This value is the sales price copied from the related contract line item, except when the contract line item has the Recurring Fixed billing type and proration applies. See Proration Policies for more information.

Notes:

If you change the contract line item related to this billing schedule, this value does not update to reflect the changes. Likewise changing this value has no effect on the related contract line item.

If you change a contract line item, we recommend that you delete the billing schedules that have not yet been billed and regenerate them.
Year   Formula field used in the default Billing Central reports, which calculates the year of the Billing Period Start Date.