Service contract installments

Service contract installments enable you to invoice the contract sales amounts and the service activity amounts.

When a service contract is posted to history, the associated installments are also posted to history.

Invoice methods for service contracts.

A number of methods are available that you can use to invoice a contract:

  • The invoice method you choose determines the type of installments, and the number of installments generated.
  • The invoice method also determines the billing method. The billing can be carried out before the work order is started or after the work order is completed.
  • The invoice method is linked to the service contract by means of an installment template.