Defining Tiering Setup of a Rate Component

Prerequisites

To define tiering setup of a rate component, you should have:

  • Rate schedules defined in the application

  • Rate components of the rate schedule defined in the application

Procedure

To define tiering setup of a rate component:

  1. Click the Menu link in the Application toolbar.
    A list appears.
  2. From the Main menu, select Rates and then click Rate Definition.
    The Rate Definition screen appears.
  3. Select the rate schedule in the Rate Schedule Components zone.
  4. Click Search.
    The rate components of the rate schedule appear as the search results.
  5. Click the Broadcast (The Broadcast Icon) icon corresponding to the rate component whose tiering setup you want to define.
    The Create/Edit Rate Definition zone appears.
  6. Select the tiering type from the list.
  7. Enter the maximum number of tiering ranges supported by the rate component.
    Note:

    The Maximum Tiering Combinations field is non-editable when you select the tiering type as FLAT or STEP.

    By default, 0 appears in the Maximum Tiering Combinations field when you select the tiering type as FLAT, and 1 appears when you select the tiering type as STEP.

  8. Enter the description for the tiering setup of the rate component.
    For example, if you want the user to enter price per transaction for a tiering range, enter Price Per Transaction in the Rate Component Map Description field.
  9. Click Save.
    The rate component map ID is generated automatically when you define the tiering setup of the rate component.

Related Topics

For more information on... See...
Rate Definition screen Rate Definition
Rate Schedule Components zone Rate Schedule Components
Create/Edit Rate Definition zone Create/Edit Rate Definition