Can somebody explain how to Release the bills on monthly basis ( last Friday of every month). in contract Bill schedule.
Best answer by ChristineLaVoi
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Contracts are billed according to schedules that you define.
If you go to the Billing Schedule Generation screen and select:
- Include Contracts
- Either posting group or contract id / version
- Billing Date that includes your bill scheduled on your contracts.
I’ve recently done a couple of webinars on contracts as a starting point, you might want to watch
IFS FSM – Building Blocks of Contracts - This 55-minute long webcast walks through the building blocks necessary for service contracts. We will review the application parameters and business rules that are in effect during services contracts. This session also covers response codes, bill schedules, and all of the associated tables related to building the various types of service contracts. To view recording
IFS FSM – Choose the Right Service Contract for your Need - This 45-minute long webcast shows how to build contracts in IFS Field Service Management, answering the questions ‘How do you decide what type of contract to build?’ Place and product coverage provide defined coverage on product or places. Benefit contracts give the user an ability to sell a defined amount of service. Metered contracts provide the ability for your organization to provide service based on an incremental count and provide pricing in a tiered manner. In this webcast we will build the various types of contracts available within FSM along with the touch points in the application. To view recording:
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