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Minimum Guarantee with Minimum Fee (Example)

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In this contract, the customer agrees to use at least $100 in long distance usage each month. If the customer has multiple services, long distance usage by each of the services is counted toward fulfilling the terms of the contract. If less than $100 is used, the customer still pays $100. A penalty that is the difference between the $100 minimum and the actual usage is charged so that the customer still pays the $100 minimum amount.

  1. Create a new contract with a Minimum Guarantee contract term.

    (Show picture)

    ProdCatNewContractMainMinUsgGuar

  2. Enter a Value of 100.

  3. Select a Unit of Currency.

    Note

    To use a Minimum Fee penalty, the Contract Term units must be Currency.

    NewContractTermMinimumGuarantee

  4. Include Long Distance usage types in the Contract Term Details (exclude all Product Types, i.e., None).

  5. Add a Minimum Fee Contract Penalty.

    UG template for Help

    Note that the Penalty Amount is entered by the system when you select Minimum Fee. The actual penalty is calculated during the billing process.

    If this contract is assigned at the customer level, all the long distance usage of each of the customer's services are counted toward fulfilling the terms of the contract. If it is assigned to a particular service, only the long distance usage of that service is counted toward fulfillment of the contract.