A calculation control defines a calculation for a specific purpose. They are used to link system objects to applicable calculation rules. For example, asset based tax types may define valid billing calculation controls which are in turn assigned to the associated tax roles for that tax type. The billing process can then reference the tax role’s calculation control to apply the correct set of calculation rules when generating bills.
A calculation control maintains an effective-dated link to a calculation group that defines a calculation control version. New versions are created when something about the rules changes and prior versions need to be kept for historical recalculations.
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