Creating standard sales-based charges

  1. Select Financials > Franchise Billing > Setup Franchise Billing.
  2. On the Standard Charges tab, select Create Menu > Create Sales Based Charge.
  3. Specify this information:
    Company
    Specify the company number of the company for which you want to create sales-based charges.
    Charge
    If you are adding a new charge, specify a charge identifier. If you are searching for an existing charge, specify a valid standard sales-based charge.
    Currency
    Specify the company base currency code.
  4. In the Options section, specify this information:
    Frequency
    Select the frequency of the charge.
    Note: You can select any frequency. These charges can be copied when you create customer contracts.
    Process Level
    Specify a valid process level.
    Note:  A process level must be specified for invoice creation. This value is assigned to all invoices that are created on the Invoice Interface page. You define a process level on the Process Level page. In Franchise Billing, process level is used for reporting, not processing.
    Taxable
    Select whether the charge is taxable.
    Tax Code
    Specify a valid tax code that represents specific tax information.
    Sliding Scale
    Select to define a sliding scale for a standard sales-based charge. The Franchise Charge Sliding Scale page is displayed where you can specify the base amount, scale option, and step limits.
  5. In the Amounts section, specify this information:
    Minimum Amount
    Specify the user-defined minimum cyclical sales-based charge amount.
    Note: This is the lowest amount that can be invoiced for this charge identifier. This amount is charged if the calculated amount is less than this amount.
    Maximum Amount
    Specify the user-defined maximum charge or ceiling for the sales-based charge.
    Note: This is the highest amount that can be invoiced for this charge identifier. This amount is charged if the calculated amount is greater than this amount.
    Percent Of Sales
    Specify the user-defined default percentage of sales for a sales-based charge. In Franchise Billing, this percentage is an optional, user-defined rate, which is used to calculate a sales-based charge.
    Base Amount
    Specify the user-defined base amount to which the percentage of sales is added.
  6. In the Accounts section, specify this information:
    Sales
    Specify the GL revenue account string. This is used to define the credit posting of an invoice for actual charges.
    Accrual
    Specify the GL accrual account string.
    Accrual Offset
    Specify the GL accrual offset account string.
  7. Click OK.