BRIM - Advance payment for subscriptions in 2022 FPS01

[former_member864161]

Hello Experts,

Happy to see the functionality of the Advance payment collection functionality provided as part of the 2022 FPS01 release , and is very much required for all the business scenarios

In this functionality we are able to collect the advance payment and at a later date we can start the service. But a genuine business requirement is the period of the contract.

Scenario:

1 year subscription

Payment collection date today ( 09.05.2023) - we can create the solution quotation , subscription contract , Provider contract and BITS are generated and further invoice can be presented to the customer.

Service Start date is from 1st June(01.06.2023)

End date of the contract ( 09.05.2024) .

When the subscription is starting from 01.06.2023 , expectation from the business is that the contract should end on 01.06.2024. How can we achieve this?

best regards,

[former_member864161]

Thank you for the response Deepak.

The issue is when we extend the contract end date , the system is calculating the contract duration for 13 months and is not considering the start of business as the contract start date.

As per business expectation , it should be calculate for 12 months.

Re-iterating the scenario and expectations

1 Year Subscription Contract

Contract Start Date (as mentioned in the above ) 01.01.2023

Contract End date ( as per the above start date ) 01.01.2024

Business Start date : 01.02.2023

Expectation :

Expected end date from the business should be : 01.02.2024.

If we maintain the End period as 01.02.2024 , system is calculating for 13 months ( ie from 01.01.2023 - 01.02.2024)

thanks,

[deepak_dash]

Hi Nagaraj,

Usually, the contract end date CONTEND has the date rule CONT001 (Contract begin + validity period) so the contract end is calculated from contract start.

You can create a date rule replacing CONTSTART with BUSINESSSTRT and then assign the date rule to date type CONTEND. Thanks.

Regards
Deepak