What is Bill Time Charge?
What is Bill Time Charge? Any charges determined during bill finalization are known as Bill Time Charges in OneBill. These can be applied for the current billing cycle or the…
Post Type Archives - Glossary
What does Accounts Receivable Aging Report Mean?
What is Accounts Receivable Aging Report? A report that pulls together all unpaid invoices aged and collected over a period of time, that remain uncleared or uncollected by your business.
What is Parent-Child Hierarchy?
What is Parent-Child Hierarchy? Businesses and their franchises or location-specific departments can share a parent-child hierarchy in the partnership business. The child business function can be directly managed under the…
What is Flexible Billing?
What is Flexible Billing? Flexible billing allows you as a business to bill your customers on a cycle starting from their date of purchase, i.e; anniversary billing, or starting on…
What is Consolidated Invoicing?
What is Consolidated Invoicing? The process of creating a single invoice for multiple purchase orders placed against a subscriber over a certain period of time, can be called a consolidated…
What are payment methods?
What are payment methods? As a merchant you may choose to collect payments from your customers via multiple means of payments like Credit Card, E-check, Demand Draft, Bank Transfers, Debit…
What is Proration?
What is Proration? Proration refers to the process wherein you charge your customer for a product or a service in proportion to a part period at the start of the…
What is Recurring Billing?
What is Recurring Billing? Recurring Billing is a mode of billing wherein you charge your subscribers and bill them on a periodic interval of time, at a specific date in…
What is Usage Based Billing?
What is Usage Based Billing? Usage Based Billing is a monetization model, where businesses charge customers based on how many units of a product or service they consume. This is…
What is Cart Abandonment?
What is Cart Abandonment? The total time accounted for, when an online customer leaves their shopping cart with items unattended before checkout, or chooses to close the webpage and exit…