Billing Contracts

The topics of this chapter describe process of billing for contract usage. You begin to run the contact billing after contract usage has been recorded.

In MYOB Advanced, you can set up different billing scenarios that depend on your business needs and contract terms. Some contracts may include services that your company provides—such as cable TV service, internet access, or web account hosting—to customers during a specified period of time. Other contracts may contain service agreements to maintain and repair a product during the warranty period of the manufacturer or after it has expired. These contracts include a number of cases that may be solved during the warranty period.

In this chapter, you will learn how to perform a contract billing depending on the business scenario and your needs.