Discounts allow you to reduce the charges to the customers. BillingPlatform allows you to configure
Step 1. Create a new product.
Go through the motion of creating a new product by referring to the How To Create A New Product section. When asked to specify the Rating Method, select Discount.
Step 2. Specify the rate details
Now, specify the parameters of the new Discount product. If desired, click the Specify Default Rate check-box and enter the rate corresponding to the currency code that the product will be used for. Otherwise, the rate can be defined when adding the product to a package, or when provisioning it to a customer.
Refer to table 1 below for the field definitions to help you populate the discount details and then click Submit to save the changes.
|Propagate Charges to Heirarchy||
When this is checked, the discount/fee will be applied to all customers in the system regardless if the discount/fee is included in the contract/rate class or not.
If this is not checked, the product needs to be provisioned to the customer either as an account package product or an account product.
Indicates the scenarios when the discount will apply. Available options are:
Indicates how the discount rate is applied. Available options are:
Specifies if the discount is applied to all products that are eligible for the discount on the invoice or not.
Indicates if the invoice can be used a limited number of times instead of perpetual.
|Max Number of Uses||
Only applicable when Limited Usage is checked. This indicates the number of times that the discount can be used on the invoice.
Only applicable when Limited Usage is checked.
|Discount Priority||Indicates the priority of the discount product relative to other discounts. A higher number indicates that the discount will be applied earlier than applicable discounts with a lower number. This is used only when the Apply To option is set to 'Remaining Balance'.|
Indicates where the discount will be applied. Available options are:
|Discount Eligible Charges||
Allows for the selection of the products that will make a customer eligible for the discount. This is only applicable if the Discount Type field is set to 'Conditional'.
An example here is that Customer ABC will be eligible for this discount if he is charged for Product XYZ. This field should have Product XYZ selected.
|Units of Measure for Eligible Charges||
Indicates the unit of measure that will be used for determining the condition of the eligible charge(s). Available options are:
Taking the example from the Discount Eligible Charges field, Customer ABC will be eligible for this discount if he is charged for Product XYZ and either the charged Amount or rated Quantity exceeds the figure specified in the Rate Bands table, depending on the unit of measure chosen for this field.
|Discount Target Charges||
Allows for the selection of the products in the system that the discount can apply to. Multiple products can be selected, or choosing All will instruct the system to have the discount applicable to all products.
If a discount product has Product ABC defined here, a customer who has this discount product provisioned will have it applied whenever he/she is charged with Product ABC.
This is only applicable if the Discount Type is 'Standard'. This specifies the amount or quantity of the product referenced by the Discount Eligible Charges field that will trigger the system to apply the discount.
Pricing rate of the product. Depending on the value of the Discount Type field, this will either show the standard pricing table for Standard discount or the Rate Bands table for Conditional discount.
This is only applicable if the Discount Type is 'Standard'. Minimum charge when this product is charged to the customer. If the computed rate multiplied by the # of consumed units is less than the minimum charge, the minimum charge will be reflected on the customer's invoice.