Scheduled usage billing schedules
A billing schedule can include scheduled usage fees, such as rental fees for space in a building. The usage fees are copied to sales orders when a bill batch is created for the billing schedule. The sales orders are copied to the bill batch.
Example of scheduled usage billing
Greenacre Leasing Company provides a fixed amount of space for lease to a customer, and the agreement includes some maintenance services. The customer pays a fixed amount for each square meter of space for the duration of agreement. The customer agreement lists the space and the amount charged. A billing schedule is set up for the fixed space so that the customer is automatically billed each month for the space rental.