Payment Scheme- Re-assessment

[Former Member]

Hello,

How is Payment Scheme re-assessed?

Usually re-assessment happens half yearly of annually. But how does the system know that it should be done Half yearly or annually.

Do we need to take care of this at the configuration level?

Please explain.

Thank you.

[Former Member · Accepted solution]

Hi ,

Payment scheme is generally adjusted during periodic invoicing. It can also be adjusted during interim bills, by setting the flag adjust budget billing amounts in schedule master records of MRU for scheduled interim bills and during meter reading order creation for unscheduled interim bills.

Thanks,

Pawan

[Former Member]

Thank you Pawan

[raviahuja]

Hi,

I try to give answers to some of your questions:

How is Payment Scheme re-assessed?

Please note this is a very high level logic of payment scheme re-assess. When invoicing happens, it tries to re-assess the consumption for the next 3 months (3 months is defaulted by SAP and can be changed through enhancements) and distribute the calculated amount in payment scheme by dividing it by 52 weeks in case of weekly payment scheme, 12 in case of monthly payment scheme.

Usually re-assessment happens half yearly of annually??

Re-assessment happens at the time of invoicing. If your invoicing cycle is quarterly, re-assessment happens quarterly and like that. Now, again through enhancing few events (FQEVENTS), we can change the period of re-assessment. In this case, re-assessment by SAP will still happen, but the amount won't change till the period expires.

Do we need to take care of this at the configuration level?

It by default happens at time of invoicing.

Regards.

Ravi

[Former Member]

Thank you Ravi