Method and system for automatically generating invoices for contracts
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United States of America Patent
Stats
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Feb 25, 2014
Grant Date -
Nov 15, 2007
app pub date -
Nov 18, 2002
filing date -
Sep 28, 2001
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Techniques to automatically generate invoices for contracts, each of which may include any number of line items. Each contract line item may be associated with (1) a particular invoice plan that defines one or more applicable billing types (e.g., for non-recurring, recurring, and use charges) and any adjustments to the total billed amount, (2) a particular invoicing schedule that defines the timing for the invoice generation, (3) a particular account to which invoices are addressed, and (4) a flag to selectively enable automatic invoice generation. An invoice engine automatically generates invoices for a set of one or more contracts by processing each enabled line item of each contract based on the associated invoice plan and invoicing schedule to generate a set of one or more invoice line items for the contract line item. All invoice line items for each account are aggregated into an invoice for the account.
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