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  • Contract

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    rijoy123
    12 views16 pages
    The document discusses various types of customer contracts that can be managed in PeopleSoft including recurring contracts, amount-based contracts, and all-upfront contracts. It describes the lifecycle of a contract from implementation and setup to billing and revenue recognition. It also covers the integration between PeopleSoft Contracts and Billing modules for contract processing and generating accounting entries.

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    The document discusses various types of customer contracts that can be managed in PeopleSoft including recurring contracts, amount-based contracts, and all-upfront contracts. It describes the lifecycle of a contract from implementation and setup to billing and revenue recognition. It also covers the integration between PeopleSoft Contracts and Billing modules for contract processing and generating accounting entries.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    12 views16 pages

    Contract

    Uploaded by

    rijoy123
    The document discusses various types of customer contracts that can be managed in PeopleSoft including recurring contracts, amount-based contracts, and all-upfront contracts. It describes the lifecycle of a contract from implementation and setup to billing and revenue recognition. It also covers the integration between PeopleSoft Contracts and Billing modules for contract processing and generating accounting entries.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 16

    Customer Contract

    Integration Points

    Contract Features

    Contract Lifecycle

    Implementation steps for Contract

    Contract

    Contract Billing Data Flow

    Contract Processing status

    Contract Revenue Data flow

    PeopleSoft Billing manages Revenue

    Implementation Phase for Setting Up a PeopleSoft Contracts Business Unit

    Contract Status

    Contract Type
    Rate Based Contract lines-PeopleSoft Billing must manage the revenue. Therefore, no revenue plan is required. Amount Based- either PeopleSoft Contracts or PeopleSoft Billing can manage revenue. Recurring- revenue must be managed by PeopleSoft Contracts

    AD specific requirement
    ALL DATA Specific

    Type of Contracts
    Monthly basis Recurring contract Valid till perpetually Keep on invoicing the customer Automatic renewal This is valid till the customer call this off/up

    AUC/AUS-all upfront customer(Revenue to be apportioned) Example for school library etc. This is for fixed tenure and the moment tenure get over, it is not renewed Payment is done at the beginning of period Invoice is at the start of month and irrespective of invoice or bill date Recognized the revenue over the life of period

    Contract to Billing Interface

    Accounting Entries

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