Chargeback Invoice Consolidation Clause Samples
The Chargeback Invoice Consolidation clause establishes a process for combining multiple chargeback invoices into a single, consolidated invoice for payment or reconciliation purposes. In practice, this means that instead of issuing separate invoices for each chargeback event or transaction, the parties agree to aggregate these charges over a defined period and present them together. This approach streamlines the billing process, reduces administrative burden, and helps both parties track and manage chargeback-related payments more efficiently.
Chargeback Invoice Consolidation. Service Provider’s responsibilities include:
1. Provide DIR with a monthly invoice report that accounts for each DCS Service Provider and designated Third Party Vendors Charges.
2. Provide a single monthly chargeback invoice for each DIR Customer for all DCS Service Provider Services and any DIR retained service.
3. Provide DIR with a monthly report reconciling the total of all DIR Customer chargeback invoices with the cumulative total of each DCS Service Provider invoice.
4. Provide DIR with the supporting detail necessary to facilitate DIR’s payment to all DCS Service Providers that are supplying Services under the Agreement.
5. Execute DIR-approved invoice validation process.
6. Report results of invoice validation process and identify anomalies based on DIR approved variance thresholds prior to the release of the DIR Customer chargeback invoices.
7. Provide DIR a monthly report that confirms amounts paid to each Service Provider and any outstanding balance that was not paid with sufficient detail for DIR to confirm the unpaid balances.
Chargeback Invoice Consolidation. Service Provider responsibilities include:
1. Provide the MSI with a single monthly Enterprise invoice for Service Provider Services and designated Third Party Vendors.
2. Provide the MSI a single monthly chargeback invoice for each DIR Customer for Service Provider Services and designated Third Party Vendors.
Chargeback Invoice Consolidation. 1. Service Provider shall provide the MSI with a single monthly enterprise invoice for Service Provider Services and designated Third-Party Vendors.
2. Service Provider shall provide the MSI a single monthly chargeback invoice for each STC customer for Service Provider Services and designated Third-Party Services.