Bill Factor Interval Values

A bill factor may also contain interval values.


The figure illustrates an example where internal values are used in a bill factor.

Interval values are typically used to record interval prices (i.e., prices that are applicable to short time intervals of say 15 minutes). Just as with simple bill factors, they may have characteristics defined. In the above example, the characteristic is the "Market" where the prices are defined. This bill factor probably indicates that the contract has a characteristic indicating the market from which it gets its prices. This enables you to use a common rate for customers who get their prices from different markets.

Related Topics:

Parent Topic: Setting Up Bill Factors