Solved

Line price calculations on contracts - impact

  • 21 October 2021
  • 1 reply
  • 51 views
bskallerud
Rank
Userlevel 6
Badge +11

We currently run 2 different companies, with separate profiles, on v12.5. I see that one profile is set up with Line Price Calculation Fixed days per month, while the other have Calendar days. But I can’t find any difference in actual line price calculations between the companies. Bear in mind that all our renewable contracts have a initial periode of 12 months, and we only renew them for 12 months. AM I right in assuming this would only be an issue if they were renewed for a month - as February will have less days than March?

icon

Best answer by Andrew D'Antonio 21 October 2021, 19:41

View original

1 reply

A
Rank
Userlevel 7
Badge +10

Yes, you are correct in that February will have a different calculated amount using “Calendar Days” because of the shorter month.  There will also be a difference in calculations if the contract lines are prorated within any month (depending on the start/end date of the contract line).

Reply


Terms & ConditionsCookie settings