Set up an Agreement Billing Schedule Manually
All agreements require that you set up a billing schedule before you activate the agreement.
You can set up billing schedules manually using the Billing Schedules grid in SM Agreements or the SM Agreement Billing Schedule form (accessed by double-clicking in the Billing Schedule grid).
You can set up a single billing sequence for the entire agreement amount or set up multiple billing sequences with equal or varying amounts. For example, if you bill once a year, you will only need to set up one billing sequence for each year of the agreement. If you bill on a quarterly basis, you will need to set up sequences for each quarter for the life of the agreement.
The Total Remaining field (above the tab pages) displays the remaining amount to be scheduled for billing. As you enter billing sequences, the Total Remaining amount will decrease until the full amount is dispersed.
The following steps will guide you through the process of setting up an agreement billing schedule using the Billing Schedule grid.