Rate Required versus Bill Segment Algorithm

The following table shows appropriate combinations of the contract type's rate required switch and the bill segment creation algorithm defined on the contract type's bill segment type. If N/A appears in a cell, the combination is not applicable. Otherwise, we list typical types of contracts that will use a combination. Be aware that no cross validation exists between the rate required switch and the bill segment creation algorithm when setting up the contract type.

The following table illustrates how the rate required switch defined on a contract type behaves when the respective algorithm is attached in the corresponding bill segment type:
Contract Type Rate Required Switch	Bill Segment Create Algorithm
Contract Type Rate Required Switch	Not allowed	Rate required on contract
Apply Rate	N/A	Misc item services. Company usage.
Recurring Charge With Auto Stop	Payment arrangements. Merchandise installment plans. Zero-interest loans.	N/A
Recurring Charge For Amount To Bill	Deposit installment plans.	N/A
Recurring Charge	Charitable contributions.	N/A
Billable Charge	One time invoices.	Billable charges that require a rate to add-on extra charges (like taxes) or billable charges where the consumption is interfaced and the system is responsible for calculating the charges.
Loan	Loans.	N/A

Where Used

This information is used to default and validate the rate specified on a contract. Refer to Contract - Rate Info for more information.