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Insurance
Configure Milestone Billing for Policy Endorsements

Configure Milestone Billing for Policy Endorsements

Enable milestone plans for price amendments to automatically distribute mid-term price changes across defined payment schedules.

Required Editions

Available in: Lightning Experience
Available in: Enterprise, Unlimited, and Developer Editions with the Insurance Billing and Revenue Cloud Billing add-ons

Prerequisites:

  • Confirm Billing Treatments are configured for milestone-based billing.
  • Verify administrative permissions to modify Billing Settings.
  1. From the App Launcher, find and select Billing Settings.
  2. Turn on Milestone Plans for Amendments.

After this preference is enabled, the Billing Treatment field becomes available on amendment Billing Schedule records.

 
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