Enter Meter Price Schedule-Type 07

This document explains how you enter a meter price schedule-price schedule type 07. This price schedule type is used for meter invoicing agreements with an agreed-upon fixed price for an agreed-upon meter quantity and period. The actual usage is reconciled in arrears for a defined reconciliation period. A price per unit for under-usage and over-usage can also be defined.

Outcome

A fixed price for an agreed-upon quantity for a total meter is entered for an agreed-upon period. The price(s) per unit to be used during crediting is the agreed-upon fixed price divided by the agreed-upon quantity.

Uses

When a contract item with this meter price schedule is used in an agreement, the schedule's header and lines will be copied automatically to the agreement. The prices can later be adjusted for each agreement or agreement line.

How the System Is Affected

The following files are updated:

Before you start

A contract item with price schedule type 05 must be entered in 'Contract Item. Open' (SAS450). This contract item may not have been previously connected to a meter price schedule.

Follow These Steps

  1. Start 'Contract Item. Open' (SAS450/B1).

  2. Select a contract item on the list and press F12='Mtr price sched' to enter the schedule for the contract item.

    'Contract Item. Update Meter Prices' (SAS451) is displayed.

  3. Enter price schedule type 07 for the contract item and select New to proceed to the E panel.

  4. On the E panel, enter the fixed price for the agreed-upon quantity.

  5. Enter the time period for which this quantity and fixed price apply.

  6. Enter the length of the reconciliation interval and the price per unit to apply for under-usage and over-usage.

  7. Press Enter to return to the B1 panel, or press F3 to return to (SAS450).

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