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C_BRSOM_2020 · Question #32

Which objects could be used in the BRIM solution to create recurring fees? Note: There are 2 correct answers to this question.

The correct answer is C. Recurring Rate D. Billing Plan. In SAP BRIM, a Recurring Rate (C) defines the periodic charge amount and frequency (e.g., monthly subscription fee), and a Billing Plan (D) establishes the schedule and rules that govern when those recurring charges are triggered - together they form the foundation for…

Rating and Charging Integration

Question

Which objects could be used in the BRIM solution to create recurring fees? Note: There are 2 correct answers to this question.

Options

  • ARecurring Plan
  • BBilling Item
  • CRecurring Rate
  • DBilling Plan

How the community answered

(35 responses)
  • A
    3% (1)
  • B
    3% (1)
  • C
    94% (33)

Explanation

In SAP BRIM, a Recurring Rate (C) defines the periodic charge amount and frequency (e.g., monthly subscription fee), and a Billing Plan (D) establishes the schedule and rules that govern when those recurring charges are triggered - together they form the foundation for automated recurring billing cycles.

Recurring Plan (A) is a fabricated term that does not exist as a standard BRIM object; it is designed to mislead by sounding similar to "Recurring Rate." Billing Item (B) is a line-item entry on an invoice representing a charge that has already been generated, not a configuration object used to create recurring fees.

Memory tip: Think "Rate + Plan = Recurring Revenue" - the Rate defines how much recurs, and the Plan defines when it recurs. Both are needed; neither alone is sufficient.

Topics

#recurring fees#billing plan#recurring rate#BRIM

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