Bill Factor Proration

A rate contains calculation rules. The primary reason a calculation rule exists is to define how much to charge for the services sold by your company. When you create calculation rules, you have two ways to indicate how much to charge:

  • You can specify the value directly in a calculation rule.
  • You can have the calculation rule use a bill factor that contains the value.

Bill factors are effective-dated (meaning, their values may change over time). When the system detects that a calculation rule's bill factor has multiple values in effect during a bill period, it may or may not prorate the charges. You control exactly how the system handles this situation using the bill factor's proration parameters.

Fastpath:

Refer to Defining Bill Factors and Bill Factor Value Proration for more information.