Billing Concepts.

Slides:



Advertisements
Similar presentations
Customer Relation Management System Multi Environment Solutions.
Advertisements

The Operating Cycle and Merchandising Operations 6.
Introduction   Business Scenario Finacle Process Overview Key Terminologies Functionalities Available Demonstration Summary.
Sales Order Processing
Advertising. Why Advertise? To generate funds To give others information about products and services they want and will use To improve your advertiser’s.
Revenue Management System. Agenda An Overview of  RMS Features  DSW in RMS context.
Slideshow 2 Setting Up Bank Services, Tax Services and Schedule Codes.
0 Glencoe Accounting Unit 4 Chapter 14 Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. The Operating Cycle of a Merchandising Business.
Corporate Finance Credit Management and Accounts Payable.
It’s time to take control of your career Time to make more money Time to contract with SCS!
© 2014 Cengage Learning. All Rights Reserved. Learning Targets © 2014 Cengage Learning. All Rights Reserved. Lesson 10-1 Accounting for Sales on Account.
John Wainwright | Columbus Global GENERAL FINANCE & ORGANIZATION HIERARCHY.
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. 1 Confidential – Oracle Internal.
1 Office of External Relations Dispute Process. 2 Customer must first contact the Company to allow the Company a chance to resolve problem. If the customer.
 Transactions are first recorded by accounting personnel as journal entries  Information comes from source documents  Business transactions are initiated.
RATING AND BILLING. Rating and Billing Module Objectives After you complete this module, you will be able to: Explain the basics.
Telecom Billing. Topics To Be Covered Telecom Service Order E2E Scenario Billing System Composition Billing Concepts Telecom Services Mediation's Role.
Introduction to RBM 5.0.
Mobile & Mobile Broadband
Unit 10 Orders Letter.
Elaboration popo.
Today’s Agenda Benefits of Online Subscription
Dynamics 365 for Financials
Chapter 16 Financial source documents BSBCMN207A/03—Reconcile invoices for payment to creditors BSBCMN207A/04—Prepare invoices for debtors Copyright 
RBM Configuration and Public Interfaces
Fraud Management Now let us continue and understand fraud management in detail. Let us consider Saurabh’s example to understand the steps followed in fraud.
ACCT 201 FINANCIAL REPORTING Chapter 5
Merchandising Activities
Master.
Enterprise Processes and Systems
How services are billed: Billing
© 2014 Cengage Learning. All Rights Reserved.
Office of External Relations Dispute Process
LESSON 9-1 Journalizing Purchases Using a Purchases Journal
Appendix D: Network Model
CHAPTER SEVEN Collection.
Understanding Plastic Cards
Introduction to project accounting
Chapter 9 Sales and Cash Receipts
Chapter 6- Source Documents
5 Accounting for Merchandising Businesses
10 Accounting for Sales and Cash Receipts. 10 Accounting for Sales and Cash Receipts.
© 2014 Cengage Learning. All Rights Reserved.
Customer Contract Management Scenario Overview
Prepared by: Keri Norrie, Camosun College
The Journal and Source Documents
LESSON 2-2 Journalizing and Posting Cash Receipts
CREDIT and its importance.
© 2014 Cengage Learning. All Rights Reserved.
Accpick was launched in 1988 …
RBM Processes.
Online Purchase :- Purchase MS Office 365 online as it is an easy procedure which merely takes a few minutes. You just need to visit.
© 2014 Cengage Learning. All Rights Reserved.
Unit 4 The Accounting Cycle for a Merchandising Corporation
Customer Contract Management Scenario Overview
Kemptville District Soccer Club Online Registration
Journalizing Purchases and Cash Payments
© 2014 Cengage Learning. All Rights Reserved.
Convergence: For a Customer
LESSON 9-4 Accounting for Cash Payments
Clinic Management System(CMS)
© 2014 Cengage Learning. All Rights Reserved.
Chargeable Entity Concepts
Certified General Accountants
Statements & Finance Charge
© 2014 Cengage Learning. All Rights Reserved.
© 2014 Cengage Learning. All Rights Reserved.
LESSON 2-2 Journalizing and Posting Cash Receipts
Source Documents.
Inventory and Purchases
Presentation transcript:

Billing Concepts

Customer In this lesson you will learn about the various attributes of the customer and learn about the concepts related to customer accounts, subscription and product/services. Note: In some billing systems there Is an account hierarchy Instead of customer hierarchy. Customer Customer Hierarchy Legal person/ Company who orders, uses and pays for the telecommunications services Customer is either an Individual or a Company who purchases services Used to model real world hierarchy Customer can have one or more child customers A customer may be related to another customer in the hierarchy for the purpose of issuing statements www.prolearninghub.com

Customer Hierarchical Structure Given here is an example of a customer hierarchical structure. Head Office 1 Regional Office 1 Branch 1 Branch 2 Regional Office 2 Branch 3 Branch 4 www.prolearninghub.com

Corporate Customer Representation Company President (Subscriber) Marketing Retail Sales Representative VP Retail Sales Mass Merchants President of Sales (Subscriber) Production Accounting Accounts Payable Accountant Cleark Accounts Receivable Controller (Subscriber) Contract Corporate Customer Representation Given here is an example of a customer hierarchy in LHS BSCS IX. www.prolearninghub.com

Purchase Products/Services Get Invoice Make Payment Communicates with CSR Log Complaints What all Customer can do? Customer The customer is provided with many facilities. www.prolearninghub.com

Account The customer can: Purchase / Modify services / products, receive invoices and make payment Have one or more accounts Customer Account 1 Account 2 Account 3 Some billing systems use the concept of CONTRACT instead of ACCOUNT. In some Billing Systems, there is no notion of the either of them. Geneva, UNICORN: Concept of Customer and Account LHS BSCS: Concept of Customer and Contract AMDOCS Products: Only concept of Customer www.prolearninghub.com

Complex Hierarchy of Customer Accounts Here are some of the features of the hierarchy of Customs and Accounts; Customer can have zero, one or more accounts underneath. In some billing systems the account is flat, which means it does not have any hierarchy, one cannot have an account under an account. Example: Geneva In some billing systems, the account can be hierarchical in nature whereas the customer is single. Example: Unicorn In LHS, there are contracts instead of account. www.prolearninghub.com

A/C Customer www.prolearninghub.com

Attributes of Customer and Account Customer Type Residential, Business, VIP Customer/Account Credit Rating Credit Rating: Received from Internal logic or External Credit Control system Credit Class: Credit value Terms and Conditions Customer Segment Teenager, Old, Residential, Business Currency, Language Payment Method Cash, Cheque, Direct Debit, Credit Card Payment Responsibility Bill Cycle Mode of Invoice Paper, Fax, CD, Mail Date: Birth date, Anniversary Note: Based on attributes such as customer type, customer segment, visibility of products/services and their associated plans can be controlled. www.prolearninghub.com

Attributes of Customer and Account Attributes of Customer and Account (Contd.) Multiple contact addresses can be collected such as: Billing Address Product Insulation Contact Point Finance Contact Point Day-2-day Contact Paint Legal Contact Point The bill Is sent to one contact address and that Is termed as the billing contact address The summary or reports can be sent to more than one contact All these attributes of the customer and the account are captured in the CRM as a part of Order Management module www.prolearninghub.com

Value Added, Optional, Child Product Product / Service A Product or service represents a feature of service instance that can be provisioned to a customer. Optional Product Customer Account Voice Call Call Barring SMS Value Added, Optional, Child Product Standard Product Note: The billing system allows to add products / services directly under an account or a contract Parent, Child Relationship Mandatory and Optional Service. www.prolearninghub.com

Customer, Account and Service In the example given below, one account has three products: Customer Account GSM Cable Fixed Note: This products or services can be added to an account directly. www.prolearninghub.com

Customer Account Maintenance Parent Child Relationship Map complex customer hierarchies www.prolearninghub.com

Status: Customer, Account, Service Pending Active De-active Suspended During the lifecycle of a Customer, Account & Service, it can go through various states The states shown here are general in nature and may differ from COTS to COTS product www.prolearninghub.com

Plan / Tariff Customer Account GSM Fixed Cable Plan/Tariff Plan/Tariff contains Information about charging of services as well as Information about discount (optional) Typical Charges are: One Time charges Recurring charges Usage charges www.prolearninghub.com

Package A Package is a set of similar or dissimilar products bundled together. It is a marketing strategy. PSTN+Internet Combo Package Optional Product Email Voice Call Standard Product www Call Barring FTP Value Added, Optional, Child Product Note: There is an option available to define a product as mandatory or optional within a package A package can span the technology boundary thus lead to convergence. www.prolearninghub.com

Service Dependency Parent Product/Service No dependency on anybody Can be sold stand alone Child Product/Service Depends on Parent product for its existence Example: GSM Voice Call: Parent Product Calling Line Identifier: Child service Call Forwarding: Child service Call Waiting: Child service Itemized Bill: Child service Note: Hierarchy can go to any level, but usually it goes upto level 3. One cannot take a child product/service without taking a Parent Product/Service. This is applicable to packages also. www.prolearninghub.com