Describing Service Contract and Invoice Management

After completing this lesson, you will be able to:

After completing this lesson, you will be able to:

  • Describe the concept of service contracts
  • Describe service contract billing

Service Contract

The Bike Company offers its customers service contracts for periods and conditions. Service contracts include certain services and spare parts.

Follow the interaction to learn more about service contracts.

How to Display a Service Contract

Service Contract Billing

Your customer Northsea Energy has a service contract with the Bike Company and pays a monthly fee of 35€. With the service contract, they receive certain services and spare parts according to the predefined price agreements.

Here you can see how to create a billing document and which content it has:

Figure with 2 sections, top section: arrow pointing from box with billing document request to billing document. Bottom section with the following details from a billing document: sales document number (90000XXX), sales document category (billing document), sold to party (northsea energy), net value (35 euro).

At first, you create a billing document request. Afterward, you create a billing document, for example, an Invoice to charge the customer. In the billing plan of the service contract item, you can check whether the billing process has been carried out correctly.

How to Bill a Service Contract

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