Concept: Billing Schedule Templates for Customer Contracts

Administrator Guide

Billing schedule templates streamline the billing schedule creation process by enabling you to select a template directly from the customer contract. When you select a template from the customer contract, Workday populates the billing schedule with the information you specify in the template. Using billing schedule templates helps to eliminate the manual steps involved in creating billing schedules for each individual customer contract.

Workday offers these 2 billing types when you create billing schedule templates:

Option	Description
Installment	Use for installment contract line types. You can: Group all related contract lines in 1 billing schedule. Group contract lines with the same date in 1 billing schedule. Create a separate billing schedule for each contract line with different dates. Create individual billing installments. Submit a billing schedule for approval.
Transaction	Use for usage-based or project time and expense contract line types. You can: Group all related contract lines with a Transaction billing type. Create a separate billing schedule for each contract line. Submit a billing schedule for approval.

You can associate both an Installment
template and a Transaction
template with your contract to address different types of contract lines on a single contract.

Create Billing Schedule Templates for Customer Contracts

Create Consolidated Billing Schedule Templates for Customer Contracts