What is the Revenue & Expenses Module?
The Revenue and Expenses module is a core platform service designed to manage and automate all financial flows within the multi-party EV charging ecosystem. It provides real-time revenue recognition, automates revenue sharing across contractual agreements, manages expense allocation (Accounts Payable), and processes scheduled payouts to Charge Point Operators (CPOs).
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How does the Revenue & Expenses module automate payouts and settlement?
The module executes a scheduled Daily Settlement Batch for revenue sharing, eliminating manual calculations and accelerating the payment cycle to CPOs. It implements robust checks during the transaction and calculation phases to ensure all collected ...
How are companies, locations, and sessions related to revenue and expenses?
Company has Locations that have Chargers that host Sessions that generate Revenue
How are different Expenses handled?
Recurring Expenses are included based on the contract billing cycle. Monthly Expenses are automatically included on the 1st of each month. One-time Expenses are included in the settlement period in which they occur.
When is a Revenue Record created?
Revenue Records are created only from completed, paid charging sessions, based on contract share. Data is captured in real-time, with updates occurring as transactions occur.
What is the Settlements module?
The Settlement module is a centralized Settlement Reporting System that automates the calculation of the Net Settlement Amount between the Enterprise and individual Charge Point Operators (CPOs). It combines Session Revenues and Contract Expenses ...