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Cannot Modify Price Assignment Once It Is Referred on Bill of Recurring Billable Charge (Doc ID 2687897.1)

Last updated on JULY 14, 2020

Applies to:

Oracle Financial Services Revenue Management and Billing - Version 2.6.0.1.0 and later
Information in this document applies to any platform.

Goal

With subscription based products, a bill gets generated on the first day of the bill period. Have used recurring billable charge functionality to handle recurring billings.

For example, billable charge dates are 01-Jan-2018 to 01-01-2199, with yearly frequency and the first bill is generated for period 01-Jan-2018 - 31-Dec-2018.

Now, in April 2018, product tariff is changed. However, the system does not allow existing pricing to end before 31-Dec-2018.

The expected behavior is that ORMB should be able to end pricing before the end date of bill segment. As there can be new subscriptions coming in the system after April and they should get the new rate.
 

Solution

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In this Document
Goal
Solution
References


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