Collective Billing

[Former Member]

Hi Experts,

Can somebody please help me with the calculation of due dates in collective billing procedure. We are getting two invoices (instead of one)with different due dates for a single BP. Can somebody please tell me how the due dates are calculated in case of collective billing.

Early reply would be appreciated.

Thanks and Regards,

Gundeep Kaur

[Former Member · Accepted solution]

Hi Gundeep,

Due date on invoices related to collective billing is always a challenge, there are couple of ways to handle this depending on the client requirements.

1) Have a different payment terms for collective parents and based on that you can control the dates or

2) USing alternate portions at the contract level.

3) Enhancing a event there is a cook book on this in service place.

I hope I understood your quesiton correctly

thanks,

Vikram

[raviahuja]

Hi,

We faced the same issue in our project and we enhanced event R403 to align due dates. Here we have multiple logic to make sure that only a single invoice is created for all child invoices and that due date on the parent invoice is always the due date of the latest child invoice due date.

Regards,

Ravi

[william_eastman]

Look at event R417 also since that is where the due date value is determined for each invoice.