4.2.2.1 Update Billing Information : Update Billing Information Detailed Process Model Description : 3.3.1.1 Design Rate Schedule

3.3.1.1 Design Rate Schedule
Reference: Update Billing Information Process Model - Page 4 on page 7 for the associated business process diagram.
Actor/Role: CSR or Authorized User
Description: The Rate Schedule contains information about the Rate that doesn't change over time. This includes the Rate's regulatory name and description.
A Rate's effective dated calculations are organized into Calculation Groups. Every Rate schedule has at least one Calculation Group. Multiple Calculation Groups exist when the effective dated calculations change, and it's important to keep the prior Calculation Group in order to recalculate historical bills.
A Calculation Group's calculations and charges are stored in Calculation Rules. Every Calculation Group will have at least one Calculation Rule. The number of Calculation Rules linked to a Calculation Group is dependent on the complexity of the calculation rules.
Available Algorithms
Entities to Configure

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