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  • Periodic Billing in Prorated Scenario

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    sheruf_ali
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    The document provides an example of how to calculate rental amounts for a contract that starts and ends on dates other than the first of the month in SAP. For a contract starting on January 10th and ending on March 15th, the rent for January 31st would be calculated as 22 days at the daily rate of $40, totaling $880. The rent for February would be the full monthly rate of $1000. The final invoice on March 15th would be for 15 days at $40 per day, totaling $600. To configure this in SAP, a new condition type is created to only apply if the start date is not the first of the month. A scale formula is used to calculate the number of

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    The document provides an example of how to calculate rental amounts for a contract that starts and ends on dates other than the first of the month in SAP. For a contract starting on January 10th and ending on March 15th, the rent for January 31st would be calculated as 22 days at the daily rate of $40, totaling $880. The rent for February would be the full monthly rate of $1000. The final invoice on March 15th would be for 15 days at $40 per day, totaling $600. To configure this in SAP, a new condition type is created to only apply if the start date is not the first of the month. A scale formula is used to calculate the number of

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    13 views1 page

    Periodic Billing in Prorated Scenario

    Uploaded by

    sheruf_ali
    The document provides an example of how to calculate rental amounts for a contract that starts and ends on dates other than the first of the month in SAP. For a contract starting on January 10th and ending on March 15th, the rent for January 31st would be calculated as 22 days at the daily rate of $40, totaling $880. The rent for February would be the full monthly rate of $1000. The final invoice on March 15th would be for 15 days at $40 per day, totaling $600. To configure this in SAP, a new condition type is created to only apply if the start date is not the first of the month. A scale formula is used to calculate the number of

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Periodic Billing in Prorated Scenario

    Example:

    Monthly Rental = 1000


    Daily Rental

    = 40

    If the contract start date is January 10th, 2014, then the rent on (billing date)31 st Jan
    should be calculated as 40 x 22days = 880. And in the coming month (i.e. Feb 1 st to
    Feb 28th) the rent should be calculated as 1000. Now, if the contract is ending on
    March 15, the final invoice should be calculated as 40 x 15 = 600.
    How to configure in SAP?

    In pricing, create a new condition type PR01. Assign a requirement stating that the
    condition should be active only if the contract start date is not 1 st of any month
    (abaper).
    Now assign the condition type with Scale Basis as O Time period scale- days.
    Now create a new scale formula (abaper) as:
    Scale Basis = Day (from Billing Date) Day (from contract date) + 1 x
    condition value
    [i.e. 31- 10 +1= 22 x Condition value]
    Now set the condition record value as 40.
    [i.e. 31- 10 +1= 22 x 40]= 880.

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