The default Day of Period Start is defined in the NCRC Recurring Contracts setup and is transferred from there to the Contract header and thus also to the Contract lines.
Day of Period Start = 1 means that, regardless of the start date of the Contract line, invoicing is always from 01 to the following 01. Started periods will be partially invoiced.
Set Day of Period Start to Starting Date defines whether the start date of the period should be automatically adjusted to the start date for Contract lines with a different start date.
Example Day of Period Start: 01
Billing interval: 1M (no different start of period set in billing interval)
Price per period: 100 €
Start date in the Contract line: 05.01.2023
End date in the Contract line: 04.01.2024
Important
Only complete periods can be charged in a Contract period, i.e. the first partial period and the last partial period must result in a complete period.
Result:
In the Payment Plan, 13 periods are created, with the first period having a term from 05.01.2023 to 31.01.2023 (period start 01).
Subsequently, all complete periods are invoiced, whereby these always start on day 1. The last period is again not a complete period. The price is calculated as follows.
price per period – value of the first partial period = value of the last partial period
100 – 90 = 10
Example Day of Period Start: 15, deviating Contract period
Billing interval: 1M (Different start of period set in billing interval)
Price per period: 100 €
Start date in the Contract line: 01.01.2023
End date in the Contract line: 31.12.2023
Important
Only complete periods can be charged in a Contract period, i.e. the first partial period and the last partial period must result in a complete period.
Result
In the Payment Plan, 13 periods are created, with the first period having a term from 01.01.2023 to 14.01.2023 (period start 15).
Subsequently, all complete periods are invoiced, whereby these always start on day 15. The last period is again not a complete period. The price is calculated as follows.
price per period – value of the first partial period = value of the last partial period
100 – 46,67 = 53,33
Example Day of Period Start: 05, identical Contract period
Billing interval: 1M (Different start of period set in billing interval)
Price per period: 100 €
Start date in the Contract line: 05.01.2023
End date in the Contract line: 04.01.2024
Important
Only complete periods can be charged in a Contract period, i.e. the first partial period and the last partial period must result in a complete period.
Result
In the Payment Plan 12 periods are created and all periods are identical.
Day of Period Start = 1 means that, regardless of the start date of the Contract line, invoicing is always from 01 to the following 01. Started periods will be partially invoiced.
Set Day of Period Start to Starting Date defines whether the start date of the period should be automatically adjusted to the start date for Contract lines with a different start date.
Subsequently, all complete periods are invoiced, whereby these always start on day 1. The last period is again not a complete period. The price is calculated as follows.
price per period – value of the first partial period = value of the last partial period
100 – 90 = 10
Subsequently, all complete periods are invoiced, whereby these always start on day 15. The last period is again not a complete period. The price is calculated as follows.
price per period – value of the first partial period = value of the last partial period
100 – 46,67 = 53,33
