Customer contract charges

You can create customer contract charges that you assign to sales entries. Sales entries are records that contain sales data, such as net sales amounts, sales tax, and corresponding contract charges for a given cycle date.

Before you create customer contract charges, ensure that you have defined the company in Global Ledger, Receivables, Billing, and Franchise Billing. In addition, ensure that you have defined the customer in Receivables, the ship to number in Billing, the currency code in Currency, and the standard charge in Franchise Billing.

Updating customer contract charges

In these circumstances you update customer contract charges:

immediately after you define a new contract that was copied from a standard contract.
immediately after you define a new contract that was copied from a customer contract.
when changes occur in the associated business agreement.

You can update the terms that were defaults from these standard or customer contract charges:

Contract sales-based charges
Contract sales-based sliding scale charges
Note-based charges
Contract special charges