Defining Accumulation Parameters in a Level Funded Pricing Rule

Procedure

To define accumulation parameters in a level funding pricing rule:

  1. Ensure that the Accumulation Parameters section is expanded when you have selected an option from the Price Item field of the Main section while defining a level funded pricing rule.

    The Accumulation Parameters section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Accumulation Group ID Displays a blank field. An accumulation group ID is generated when accumulation parameter values are defined for a level funded pricing rule.
    Note: It is a read-only field.
    		 Not applicable
    Settlement Account ID Used to indicate the account ID to whom the settlement amount is credited. Yes
    Incurred Start Date Displays the incurred start date (inherited from parent customer's specific stop-loss pricing rule) based on which you want to accumulate the level funded pricing.
    Note: It is a read-only field.
    		 Not applicable
    Incurred End Date Displays the incurred end date (inherited from parent customer's specific stop-loss pricing rule) based on which you want to accumulate the level funded pricing.
    Note: It is a read-only field.
    		 Not applicable
    Paid Start Date Displays the paid start date (inherited from parent customer's specific stop-loss pricing rule) based on which you want to accumulate the level funded pricing.
    Note: It is a read-only field.
    		 Not applicable
    Paid End Date Displays the paid end date (inherited from parent customer's specific stop-loss pricing rule) based on which you want to accumulate the level funded pricing.
    Note: It is a read-only field.
    		 Not applicable
    Settlement Days Used to indicate the number of days as the settlement days which help in calculating the settlement date. The valid values are:

    • 30 Days

    • 60 Days

    • 90 Days

    • 120 Days

    • 150 Days

    • 180 Days

    Note: Settlement date is calculated as the pricing end date, incurred end date, or paid end date whichever is later plus the settlement days.
    		 Not applicable
  2. Enter the required details in the Accumulation Parameters section.
  3. Click Save.
    The accumulation parameters are defined in the level funded pricing rule.

Related Topics

For more information on... See...
How to define a level funded pricing rule for a parent customer Defining a Level Funded Pricing Rule for a Parent Customer
How to edit a level funded pricing rule of a parent customer Editing a Level Funded Pricing Rule of a Parent Customer