Billing for Dealer Monitoring Services

This Help File Page was last Modified on 07/06/2017

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Billing for Dealer Monitoring Services

This Help File Page was last Modified on 07/06/2017

If your Company provides Central Station Monitoring services for other Alarm Dealers, whether or not your Company also Bills the Recurring Revenue being charged to the Dealer's Subscribers for their monitoring service, your Company will need to Invoice those Alarm Dealers for the Contract Monitoring Services your Company is providing the Alarm Dealer's Subscribers.

There are a few preparations required before this optional application can be implemented (many of these steps will already have been completed if your Company is currently monitoring that Dealer's Accounts):

1.Enter the basic information for each Alarm Dealer.

2.Define the appropriate General Ledger Accounts that will be posted to when Billing Dealers

3.Define the special Sale-Purchase Items that will be used when Billing Dealers

4.Update the Alarm Dealer information to include:

a.The Remittance Address to which the Subscriber is to send their Payment to the Dealer (which will actually be to your Company)

b.Up to three Monitoring Rate Tiers - usually based on the number of Accounts being monitoring for that Dealer - may be defined to appropriately charge that Dealer for services

c.The Credit Card Surcharge percentage assessed on the Receipts from the Subscribers who pay by Credit Card

d.The Administrative Fee amount charged for every Account being billed on the Invoice sent to the Dealer

5.Enter the Subscribers for whom your Company provides Central Station Monitoring services

6.Assign the appropriate Alarm Dealer Code to each of those Subscribers

 

Dealer Billing - Once the start up preparations are completed (see above):

A.Bill the Alarm Dealer's Accounts in the normal manner.

 

HelpFilesAutoBillDealers

 

B.Within the MKS Dealer Billing application or the Dealer Billing Dialog available in the Dealers Form, select the Pending Billing option to display the List of all pending charges due to be billed to the selected Dealer.

 

HelpFilesDealerBilling-Pending-DealerBillingDialog

 

These may be approved (or unapproved) for billing, as appropriate.

 

C.Within the MKS Dealer Billing application these pending charges may be automatically Invoiced in a manner similar to the Auto Billing feature in MKMS.

 

HelpFileMKSDealerBilling-RunBilling-RunParameters

 

D.Within the MKS Dealer Billing application or the Dealer Billing Dialog available in the Dealers Form a list of these type of Invoices, once created, may be viewed in the Invoice Listing dialog.

 

HelpFileMKSDealerBilling-PendingBilling-InvoiceListing