Setting Up Estimated Consumption for Items

Some types of physical devices (such as, items) use power but a meter does NOT measure the power consumed. The most common example is a street light. If this situation exists for your company AND if the amount charged for the lamp varies based on the amount of estimated power used, then you will have to maintain estimated DAILY consumption for each type of item. The system uses this information at billing time to estimate how much power was used by the customer's items and then prices the estimated consumption as per the terms in the service quantity calculation rule.

Select Admin > Rates > Item Type SQ Estimate to define estimated consumption.

Description of Page

Select the Item Type using the search.

Enter the estimated daily consumption in the Daily Service Quantity. Each Service Quantity has an Effective Date so that changes in the estimated quantities may be recorded over time.

Note:

The unit of measure of the daily service quantity is displayed adjacent to the item type description. This value is defined on the item type table. Refer to Setting Up Item Types for more information.

Where Used

This information is used when the system calculates a bill segment for a service agreement that references service points with items. If the items reference item types for which the system should estimate consumption, the system extracts the daily consumption amount from this table.