The Bill Calculation processes all charges against billing accounts during bill cycles. Bill Calculation can be executed both on a cyclic basis and on demand. It performs calculations with bill compilation of charges, credits, fees & taxes, including pro-rata, at various levels, such as product and/or account level that have been generated since the last run for that account, applying promotions and discounts as well.
ODA Function Block:
Core Commerce Management
Component name:
Bill Calculation
Component ID:
TMFC031
Component version:
1.0.0
Component specification status:
Specified
Published date:
11-Jan-24
Mandatory
TMF678 Customer Bill Management
Optional
TMF701 Process Flow Management
TMF688 Event Management
Software providers who support this component and have certified its mandatory Open APIs
Software providers without all mandatory APIs certified
