Partial Bill

Definition

A Partial Bill is a specialized billing output produced primarily to process or request financial collections during midway points through an active Budget Billing Cycle without closing out a contract cycle.

Business Purpose and Architecture

For customers on a fixed 12-month budget payment plan, the utility does not normally send them a full, true consumption bill every month. Instead, they send a Partial Bill requesting their flat installment (e.g., $100). Architecturally, partial bills are generated heavily in mass-parallel operations. They are only created if a Contract Account utilizes the predefined ‘Partial bill procedure’ for budget billing collection instead of simpler statistical procedures.