Subscription billing in our world is this:
Recurring invoicing (monthly, quarterly, annually) for a subscription,
renewable until the contract with customer is terminated (don't want this
process to stop until told to!) The process must also recognize the revenue
when the product ships, which may be different from when the invoice is
created.
That's it very simplified, there is actually a lot of calculations going on
based on product price, delivery frequency and billing frequency. We have a
home-grown system currently, and it does not have an order-entry or
otherwise manufacturing front end.
We met with JDE consultants many years ago about this need, and promptly
confused all of 'em! Must have been our presentation. Anyway, I'm sure that
the World product didn't have what we needed, so I'm hoping that there is a
possibility with OW.
Thanks! I appreciate any and all suggestions.
Deanna
World 7.3 Cume 11
>From: ismith63 <
[email protected]>
>Reply-To:
[email protected]
>To:
[email protected]
>Subject: Re: JDE One World Subscription billing ~~5133:5148
>Date: Tue, 6 Feb 2001 12:12:37 -0800 (PST)
>
>Deanna,
>
>Briefly, what are the requirements of Subscription Billing?
>
>My client is using OneWorld Xe Service Billing, and we have accounts for
>Subscription Revenue, but I'm not sure we're hitting them directly from
>Service Billing.
>
>I can tell you that one way we've hamstrung ourselves here is that we put
>always put the Department Business Unit in the BU field of the cost
>account, which doesn't allow us to use Contract Billing. I think Contract
>Billing is a lot more flexible in terms of different types of billing
>methodologies.
>
>Any thoughts out there on this topic?
>
>Ian
>
>
>
>
>---------- Original Message ----------------------------------
>From: deanna_vaughn <
[email protected]>
>Reply-To:
[email protected]
>Date: Tue, 6 Feb 2001 09:26:57 -0800 (PST)
>
> >Hello list!
> >Many thanks to those of you who responded to my request for references
>for
> >JDE One World.
> >A requirement we have with any software we may implement, is the ability
>to
> >perform subscription billings and proper revenue recognition. We have not
> >received a definitive answer from JDE about whether OW has this ability.
> >
> >If any of you is currently using JDE OW to perform subscription billing
>of
> >any kind,would you be kind enough to contact me?
> >
> >Thanks in advance.
> >Deanna Vaughn
> >IHS Energy
> >
[email protected]
> >(303) 736-3123
> >World 7.3 Cume 11
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