Renewal Process: Examples

The following examples demonstrate what happens when a renewal process is executed.

With Billed Lines

This example demonstrates the renewal process with billed lines. The number of lines added per renewal is 1.

Before the renewal process, the billing schedule is as follows: 

Billing Start Date Billing End Date Billed
January 01, 2017 January 31, 2017 Yes
February 01, 2017 February 28, 2017 Yes
March 01, 2017 March 16, 2017 Yes

After the renewal process, two lines are added and the billing schedule is as follows: 

Billing Start Date Billing End Date Billed Comment
January 01, 2017 January 31, 2017 Yes  
February 01, 2017 February 28, 2017 Yes  
March 01, 2017 March 16, 2017 Yes  
March 17, 2017 March 31, 2017 No Line is added to complete the partial billing period.
April 01, 2017 April 30, 2017 No  

With Unbilled Lines

This example demonstrates the renewal process with lines that have not yet been billed. The number of lines added per renewal is 1.

Before the renewal process, the billing schedule is as follows: 

Billing Start Date Billing End Date Billed
January 01, 2017 January 31, 2017 Yes
February 01, 2017 February 28, 2017 Yes
March 01, 2017 March 16, 2017 No

After the renewal process, the unbilled line is adjusted and one line is added and the billing schedule is as follows: 

Billing Start Date Billing End Date Billed Comment
January 01, 2017 January 31, 2017 Yes  
February 01, 2017 February 28, 2017 Yes  
March 01, 2017 March 31, 2017 No This line is adjusted to complete the partial billing period.
April 01, 2017 April 30, 2017 No