Hello guys,
I'm documenting how the next date is calculated on the order product. I find myself a little confused, I can't understand for product H how we come across 02/10.
Would anyone explain to me?
Thanks in advance
@* Salesforce Revenue Cloud * @Salesforce CPQ @Quote to Payment - SalesforceCPQ&Billing
Hi You nes,
Partial periods are handled by billing the first partial month to the next Next Billing Date (NBD). Whenever Billing Day of Month is != NBD, you will have a partial first period.
From our documentation
https://help.salesforce.com/s/articleView?id=sf.blng_date_guidelines.htm&type=5
"If the order product is billed in arrears, Salesforce CPQ evaluates the order’s billing day of month to choose the nearest date after the order product’s start date. It then evaluates the order product’s billing frequency. For example, if the order product’s start date is January 1, the billing day of month is 1, and the billing frequency is quarterly, the next billing date is April 1."
This example shows alignment of start date to NBD, so a full first quarter is invoiced. You copied January 15 down incorrectly. In the pictured example, it shows order start date of Jan 15. Now the Billing Day of Month is not aligned with start date, so the first invoice is a partial month as shown by using NBD = 2/10. If you prefer to invoice a partial quarter then use Bill Through Date Override.
-Frank
