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Back to Subscriptions Main Page

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Find out about Updating to a New Binding Period;

What does this section cover?

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Table of Contents

Table of Contents
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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 / renewedrenewed.

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.

NEW BINDING TERMSImage Added

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New Binding Period Information

Subscription Action Information

(tick)AMENDBILLINGTERMS
Action can be scheduledPreview Rate AvailableBehavior CodeBusiness Classification Code
(tick)(error)AMENDBILLINGTERMSNEWBINDINGPERIODTERMS

 

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validations

Restrictions

Validations &

Validations

Restrictions 

Include PageScheduling Subscription action - GlobalScheduling Subscription action - Global
  • Click on "SUBMIT"
    Action will be validated as provided in the section above and submitted if validations are passed
    • AnchorprocessingprocessingSystem Processing

    Once the action is submitted the following changes will be carried out by the system:

    A new billing term
    The action is not allowed if another scheduled billing terms action
    ActionValidationsRestrictionsAdditional InformationSystem Processing
    New Binding Period
    • The rules defined in the related billing term scheme  are not violated
      • Concurrent usage based pricing 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 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 actionAction.
    • The action Action is available only if the subscription has Subscription is in one of the following Life Cycle States:
      • Draft
      • Effective
      • Not Effective
      • In Resting
    		 

     

    Executing New Binding Period

  • Navigate to BILLING APPLICATION > BILLING > SUBSCRIPTIONS > MANAGE SUBSCRIPTIONS
  • Search for the Subscription you are looking for, using the criteria section
  • Click on the Subscription number to go to the Data Entry page of the subscription
  • On the left hand side of the screen you can see the ACTION PANEL
  • Click 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
    NEW BINDING TERMSImage Removed 

  • Classification: New Binding Period

  • You have the option to make the following changes
    1. Binding Period: Select Binding Period from the drop down list (this is filtered based on the selected scheme)
    2. Binding Start: Click on the Calendar icon and select the date for which the contract should start 
    3. Binding End: The date that the contract will expire. This will be automatically calculated based on the Binding Period and Binding Start 

    4. Agreement Date: Click on the Calendar icon and select the date, that the contract will be updated

      NEW BINDING PERIODImage Removed

  • If required check the following sections for information 

    1. EXISTING BILLING TERMS

      1. Provides an overview of the existing billing terms

    2. UNSETTLED BILLS

      1. Provides an overview of any Bills related to the subscription and have not yet been settled

    • SUBSCRIPTION ACTION DETAILS

  • Action Type: Select action type from the drop down if you have configured custom actions in the system, using the specific behaviour code
  • Sub 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 applicable
  • Performed By User : Search and add the user that logs the action 
    If you leave empty then the Logged in user will be set

  • Performed Date: Click on the calendar icon and select date and time

    • SCHEDULING INFORMATION

    Info

    If another scheduled Amend Billing Terms action exists, then you are not allowed to execute the action now. You are allowed however, to schedule the action after the execution of the current scheduled action

     



    • A new Billing Term instance which replicates the previous one
    having the same
    • and has identical binding terms is created and activated.
    • The existing
    billing term
    • Billing Term is replaced and set to
    inactive
  • The new billing term is set to active
    • 'Inactive'.
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