The following diagram illustrates a simple bill:
The following concepts are illustrated above:
- A bill is produced for an account
- A bill is produced for an account. Over time, an account receives many bills.
- A bill summarizes financial transactions
- A bill contains information about the various financial transactions that have taken place since the last bill was produced (i.e., payments, adjustments, and bill corrections). The above illustration shows a bill with financial transactions for new charges, a payment, and an adjustment.
- A bill is routed to persons
- A copy of the bill is sent to every person linked to the account who requires a copy of the bill.
- A bill contains messages
- A bill may contain messages.
- A bill typically contains bill segments
- A bill typically contains one bill segment for every active billable obligation linked to its account.
- A bill segment contains calculation details
- A bill segment contains information showing how the segment was calculated and how it should be printed on the taxpayer's bill.