Creating a Price Specification

Add a new document of the Price specification type.

Enter the period for which the specification should be in force, and the contract that is to have it as an addendum.

If you create a price specification for phone services, in Traffic classes specification you should enter the traffic classes specification with the Standard for voice traffic workflow, otherwise leave it empty.

Specify, if the services are subject to tax, and if yes, enter the rate. Choose the currency for accounting. Or you may enter «—» if you do not want to specify the rate and the currency. In the latter case, you have to specify these parameters for each service when adding it to the current specification.

For a price specification, an important parameter is the method of defining the service price. In Price calculation method, you can choose one of the two: Based on price excl. taxes or Based on price incl. taxes.

• Based on price excl. taxes is typically used for services which are provided to organizations as customers. In this case, prices are stated in the specification excluding taxes, so that the price including taxes is calculated according to the specified tax rate. As reports and invoices used by organizations typical show the prices excluding VAT, this method will provide the total amounts in Hydra Billing equal to those calculated by the accounting department via ERP software.

• When you choose Based on price incl. taxes, the specification shows the service price including VAT, so the price excluding taxes and the amount of tax are calculated accordingly. This method is applied to such customers as individuals, because they always pay VAT. Whereas if you apply this method to services provided to organizations, due to rounding, the total amounts in Hydra Billing will be slightly different from those in ERP software.

Chose Rounding rule for quantity and Rounding rule for amount, which will be used to rate services specified in this document.

You can use Rounding or Rounding down as Rounding rule for quantity only on the condition that within a price specification for one and the same service, lines of the Session specification and Billing period specification type contain the same measuring unit.

Provider in the Subjects section is populated automatically according to the contract.

Click Add.

You should create a separate price specification for each of your price plan lines. It allows introducing changes in one line without affecting the terms in others. In Remark in each specification you should type a short description of the price plans it contains, for example, Broadband prepaid price plans for individuals, as the description is then shown in the specification registry and helps you to find the necessary specification quicker.

Deferred Payment for Services

With the help of Deferred payment status in a price specification you can allow or prohibit providing services included in this specification on credit (i.e. a deferred payment for these services). If you select Without deferred payment, the customer account balance is decreased by the price of the provided services. When selecting With deferred payment, the balance is also decreased, but at the same time the credit limit is increased by the same amount, so the customer is to pay for services within the defined period. Thus the charge for services does not influence the amount of the available funds on the customer's account until the credit limit expires.

Deferred payments for scheduled and unscheduled services are set up independently of each other. The effective period for scheduled services begins from the charge log start or end date (Type of credit limit for scheduled services), whereas with unscheduled services, the deferral is always from the charge log end date. The credit limit period is specified in days. In the example above, see the scheduled service (phone price plan) to be paid within the first 10 days of the billing period, and the unscheduled (completed calls) — within 20 days after the end of the billing period.

A credit limit for a deferred payment can be decreased due to payment matching after a customer has made a payment.