4.2.2.1 Update Billing Information : Update Billing Information Detailed Process Model Description : 3.3 Design Rate Schedules

3.3 Design Rate Schedules
Reference: Update Billing Information Process Model - Page 4 on page 7 for the associated business process diagram.
Actor/Role: CSR or Authorized User
Description: In CC&B v2.4, a new rate engine is available. The existing rate engine remains available, and either or both rate engine may be used. Setup of the rate engines is done through Master Configuration - Rate Engine Configuration. Rates can be designed to produce the same results using either rate engine. Rates based on the existing rate engine are referred to as Classic rates, while rates based on the new rate engine are referred to as New Style rates.
The Authorized User plans and prepares all the Rate Schedule requirements prior to entry in CC&B. Market requirements, seasonal rate fluctuations, rate increases due to changes in the service rules are considered. Rates are structured as follows in CC&B:
For the new style rates, the equivalent components are Rate Schedule, Calculation Group and Calculation Rules; or Classic rates, the components are Rate Schedule, Rate Version and Rate Components.
Entities to Configure

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