View Next Billing Average

Counter Menu -> Cylinder Transactions -> Cylinder Transaction Inquiry -> AVG window -> View Next Billing Average

This window can be used to explain how the quantity out of this container was averaged over the next billing month, based on the number of days and quantity of cylinders out.
 Each contract must be billed at month end before the next monthly billing can be run in Cycle Billing Edit.
 

The average number of containers out during the month on each contract will be billed at the monthly flat rate defined as the Cylinder Contract Monthly Rate Code in the Company Rate Parameters.

Example:

    CONTRACT: 3000726
     PRODUCT: CYL PROPANE CYLINDER 30LB

BILL TO DATE: 06/30/20XX
   FROM        TO         DAYS    QTY  DAYxQTY  RUNNING
   ----        --         ----    ---  -------  -------
06/01/20XX  06/03/20XX       2     10     20      20
06/03/20XX  06/30/20XX      28     12    336     356

AVERAGE OUT:
 06/01/20XX 06/30/20XX     356 / 30 =  12

ELIGIBLE FOR CYCLE BILL
 

In the example for contract 3000726, the quantity out times the days out (356) for all transactions in the month, is divided by the days in the month(30), to determine the quantity (12) to be billed at the monthly rate, on the next billing run.

Note: The Average Out is rounded to the nearest whole number.

Refer to Cycle Billing Edit for instructions on the monthly billing process.

Topic Keyword: RSCY08 (4101)