This section describes rate factors and how they are used to levy
the many charges referenced in a rate.
CAUTION:
Rate factors were implemented in older technology
and are not the recommended option for new implementations. The
factor objects should be considered
instead.
CAUTION:
Any references in this section to “billing” are
referring to the
classic billing functionality.
This is not the recommended billing functionality for any new implementations.
Rate factors are not used by the
billing functionality.
CAUTION:
Any references in this chapter to “location”
are referring to
legacy address functionality.
Rate factor functionality does not support
centralized address definitions
for taxpayer location.
CAUTION:
Most rate factors exist to support calculations
performed by rate components. This means that you must design your
rate components before you can design your rate factors. We strongly
recommend that you design "on paper" how every rate's rate components
looks before you attempt to set up rate factors.
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