Invoice Posting

Every subscriptionClosed A billing entity that incurs a charge. Examples include a network attached device whose usage you want to measure and charge for, or a monthly software subscription in CMPClosed Converged Monetisation Platform. The MDS Global product that supports customer care and billing for digital service providers. is part of an accountClosed In the Cloud Monetisation Platform, a billing entity that can be used to manage payments on one or more subscriptions or payments for services. An account can hold details such as payments or invoices.. The account balance needs to reflect the activity that happens throughout an account’s lifecycle - for example invoices produced, payments received, or refunds issued.

When invoices are produced, they need to be posted into the Sales Ledger, the ledger system that consists of all the invoices and payments relating to an account, so that a subscription’s account balance reflects the invoice just produced.

Invoice Posting extracts invoice data, which will then be posted to the ledger system. Invoice Posting takes the output from Invoice Production and posts invoice details and charges to the Sales Ledger thus updating customerClosed In the context of the Cloud Monetisation Platform, an individual or organisation who has signed an agreement to take goods and services from a service provider. A customer receives a bill associated with one or more subscriptions, and can be a single end user or a large company with many subscriptions assigned to one agreement. Account Balances. The value of an invoice is included as a debit against the customer’s account balance and shown in AgentViewClosed The graphical user interface of the CMP that is typically used by Customer Service Agents to access CMP customer and billing data. In versions prior to CMP 8.0, this was called the CMP GUI..

After the number of days specified by the account’s payment terms has elapsed, payment of the invoice becomes due.

Extract, response and error files are produced in JSONClosed JavaScript Object Notation. JSON is a lightweight format for storing and transporting data, often used when data is sent from a server to a web page. format and an adapter has been developed for third partyClosed Of software; a reusable component developed to be either freely distributed or sold by an entity other than the original vendor of the development platform. financials software, should the customer's CMP deployment be integrated with such software.

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