SoftGuide > Functions / Modules Designation > Consumption accounting

Consumption accounting

What is meant by Consumption accounting?

"Consumption billing" refers to the recording and billing of consumption values, especially in the context of energy, water or other resources. Typically, consumption is measured, and billing is based on these measured values. Typical features of software in the consumption billing domain could include:

  1. Consumption Recording: The software allows for the recording of consumption values, either manually entered or automatically taken from measuring devices.

  2. Tariff and Price Management: Features for managing different tariffs and prices based on the amount or period of consumption.

  3. Automatic Billing: Automated calculation of consumption costs based on recorded values and established tariffs.

  4. Invoice Generation: Creation of detailed consumption invoices that can be presented to the customer or user.

  5. Consumption Analytics: Generation of analyses and reports on consumption to identify trends and enable efficient resource management.

  6. Customer Communication: Features for communicating with customers regarding their consumption bills, any payment requests, or information about tariff changes.

 

The function / module Consumption accounting belongs to:

Invoicing

Software solutions with function or module Consumption accounting:

Fakturia Subscription Management