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Understanding Buy in Advance

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What does this section cover?

What are Buy in Advance?

Buy in Advance Glossary

TermDescription
Normal BillingNormal billing is a billing mechanism which is used in cases where customers start using the services that were subscribed to or delivered to them, and by the end of their billing frequency period they are charged for those services.
Price PlanA set of price plan rates used to bill an account receivable based on the transactions that were performed on behalf of the account receivable owner
Auto Applied DiscountsAuto apply discounts are used to automatically provide discounts, on top of any agreed price plan offers, based on conditions related with the customer’s account receivable, but also what the customer has ordered or subscribed to.
Ad Hoc DiscountsAd hoc discounts are used to provide discounts on an ad hoc basis, following some predefined business rules and restrictions

 

Buy in Advance Key Processes and Concepts

 

Processes / ConceptDescription

EXAMPLE

Allocation Process & Allocation Principles

EXAMPLE

The allocation process is used to allocate credit transactions against debit transactions to settle them.
The allocation process is an automated process triggered every time a financial transaction becomes 'Posted'.
Within CRM.COM, you have the option to select between one of 2 main allocation process principles, that will be applied to all financial transactions within the system;

  • FIFO :Where a credit is allocated against the oldest available (non-allocated) debit automatically
  • FIFO & Against Item :Where a credit is allocated first against a designated debit and any remaining amount is allocated FIFO
  

Buy in Advance Network Characteristics

Network Characteristics define the level of access for each record. i.e. Whether it will be available for selection, for viewing or editing etc.

EntityNetwork Characteristics

 

EXAMPLE

Accounts Receivable Classifications 

 

Buy in Advance Related Modules

Interaction EntityHow
  
  
  

 

Buy in Advance - Business Examples

The following section provides business examples to help you understand how CRM.COM Buy in Advance module is used.

Title of the Business example

Provide a title for the business example. (Keep simple and short)

Business Requirement

Company ZX .......

 

CRM.COM Solution

...........

  • Configuration
  • User Process

 

More Information on Specific modules can be found at:

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