A rate contains rate components. When you create rate components, you have two ways to indicate how much to charge:
You can specify the value directly in a rate component.
You can have the rate component use a rate factor that contains the value.
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.
Refer to Defining Rate Factors and Rate Factor Value Proration for more information.
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