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Is there a better way to do this? I don’t see an option for “one-time upfront”. The best it looks like we can do is to bill a Service Contract yearly. 

Here’s my workaround. Please let me know if any has alternative suggestions. 

 

  • Duration = x years
  • Billing Period = Year
  • Service Per Period - adjust line item to the x-year total 
    • Deferral Code - add x term deferral code (e.g. 3 years/36 months) 
  • Run Service Contract Billing 
    • Deferral Schedule created after AR Invoice processing
    • Should accurately recognize revenue across x terms (in this case 36 months) 
  • For years 2, 3, etc. - modify services period and zero out prices so no billing/revenue generation occurs

It’d be ideal if there was a Period option of “one time” or “only once” for upfront billing. I can submit an idea if there isn’t one already and if others believe that’s needed.  

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