License Properties / Financial Tab
Tip:As an alternative to these charges fields (which are merely for record keeping), consider using a payment schedule attached to a contract that is linked to this license. This provides greater management insight into upcoming expenditures and the like. Other details for setting end-of-life criteria are on the Identification tab. Expose these controls by selecting Retired for the Status.
The following controls (in alphabetical order) are available:
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Properties |
Description |
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Amount |
The monetary value of a charge against this license. The charge may be a one-time charge, or one repeated at regular intervals. Tip:If you want to track upcoming charges, it is better to create a payment schedule associated with a contract, and link the contract to this license. Enter the monetary value. For details about recording the amount in a different currency, see Currency Settings. |
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Frequency |
Determines how often the Amount is charged against this license. Click the control and choose a value from the drop-down list. Tip:This field is for record-keeping only. It has no effect on any calculations in the system. (For something with greater interactivity, investigate payment schedules.) |
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Recipient |
If the license is retired because it was sold or donated, you can record here the person or entity that received it. Enter details of the recipient of the license. |
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Resale price |
If your enterprise sold the linked software (with its associated license) to a third party as a method of disposing of it, you can record the sale price here. Tip:Record details of the end-of-life arrangements on the Identification tab. First choose Retired for the Status, then give details in the Retirement reason drop-down list. Enter the price for which the software (and its license) were on-sold. For help with setting currency and choosing exchange rates, start at Currency Settings. |