What charges are present in these components?
Answers
Answer:
Multiple charges are present in components
Answer:
Charge Component
Charge component is the billing component of the service opted by a customer. The charge component depends on the contract agreed by the customer and the organization providing the services.
Different charge components are Subscription, Rental, Membership, Maintenance, Installation etc. Some of these components are charged periodically and some are levied on demand. Charges components can be of three different types like, recurring, non-recurring and usage based.
Charge components are used based on the need. For example, to book sales under different GL Heads, to visually present the difference in the nature of the charge, to handle different tax rules on different types of charges and to group and track open items (receivables).
Charge components are defined in Charge Component screen.
Explanation:
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