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Find out about Updating to a New Binding Period; |
What does this section cover?When to use New Binding Period
When a subscriber wishes Use New Binding Period Action to change the agreement made then the action New Binding Period Terms should be used. With this action both contracted Period. With this Action, both the Binding Start and the Binding End date will be updated / renewed.
View the Information Table below for information related to the Scheduling, Preview Rating and Classification of the Subscription Action. Check the Validations & Restrictions Table for a list of available Actions, including each Action's related validations, restrictions and a description of its system process.
View 'Using Subscription Action Modal' available in Managing Subscriptions for more information on executing the action.
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New Binding Period InformationAction can be scheduled | Preview Rate Available | Behavior Code | AMENDBILLINGTERMS | Business Classification Code |
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| | AMENDBILLINGTERMS | NEWBINDINGPERIODTERMS |
Restrictions Validations &
ValidationsRestrictions
Action | Validations | RestrictionsAdditional | InformationSystem Processing |
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New Binding Period | - The rules defined in the related billing term scheme are not violatedConcurrent usage based pricing Active Billing Term Definition rules are not breached.
- Billing Term amendment rules are not
violated - The specified billing term frequency is within the allowed billing frequencies
- The specified binding period is within the allowed binding periods
- The specified price plan is within the allowed price plans
- The effective subscription services are within the supported services
- The rules defined in the active billing term definitions are not violated
- Billing term amendment rules are not violated
- The specified billing term frequency is within the allowed billing frequencies
- The specified binding period is within the allowed binding periods
| The action is available only if the subscription has | - The available Binding Periods are the ones defined in the Prepaid or Normal Billing Term Scheme.
- The Action is not allowed if another scheduled Amend Billing Terms Action exists. You will be allowed to schedule the update of the Binding Period only after the scheduled Action.
- The Action is available only if the Subscription is in one of the following Life Cycle States:
- Draft
- Effective
- Not Effective
- In Resting
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Executing New Binding Period
Navigate to BILLING APPLICATION > BILLING > SUBSCRIPTIONS > MANAGE SUBSCRIPTIONSSearch for the Subscription you are looking for, using the criteria sectionClick on the Subscription number to go to the Data Entry page of the subscriptionOn the left hand side of the screen you can see the ACTION PANELClick on Subscription Related Actions to expand Find the action you would like to execute and click on the link to open the action details in a modal window
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You have the option to make the following changesAction Type: Select action type from the drop down if you have configured custom actions in the system, using the specific behaviour codeSub Action Type: Select action type from the drop down if you have configured custom actions in the system, using the specific business classification code
Action Type and Sub Action type are visible only if applicablePerformed By User : Search and add the user that logs the action
If you leave empty then the Logged in user will be setPerformed Date: Click on the calendar icon and select date and time
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Scheduling Subscription action - Global | Scheduling Subscription action - Global | Click on "SUBMIT"
Action will be validated as provided in the section above and submitted if validations are passed Anchor |
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processing | processing | System ProcessingOnce the action is submitted the following changes will be carried out by the system:
A new billing term Binding Period: Select Binding Period from the drop down list (this is filtered based on the selected scheme)Binding Start: Click on the Calendar icon and select the date for which the contract should start Binding End: The date that the contract will expire. This will be automatically calculated based on the Binding Period and Binding Start Agreement Date: Click on the Calendar icon and select the date, that the contract will be updated
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If required check the following sections for information EXISTING BILLING TERMS
Provides an overview of the existing billing terms
UNSETTLED BILLS
- Provides an overview of any Bills related to the subscription and have not yet been settled
SUBSCRIPTION ACTION DETAILS
- A new Billing Term instance which replicates the previous one
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having the same - and has identical binding terms is created and activated.
- The existing
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billing term - Billing Term is replaced and set to
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inactiveThe new billing term is set to active