Rate Factor Proration

A rate contains rate components. When you create rate components, you have two ways to indicate how much to charge:

Rate factors are effective-dated (i.e., their values may change over time). When the system detects that a rate component's rate factor has multiple values in effect during a period, it may or may not prorate the charges. You control exactly how the system handles this situation using the rate factor's proration parameters.

Fastpath:

Refer to Defining Rate Factors and Rate Factor Value Proration for more information.