System Calculation Periods

A system calculation period is the time span for which the premium calculated. For example, a calendar year can have calendar months based system calculation periods. A system calculation period has the following fields:

Field	Description
Start Date	The start date for the system calculation period
End Date	The end date for the system calculation period
Reference Date	This date is used to evaluate time dependent configuration during premium calculation
Display Name	The display name of the system calculation period

The system does not allow overlapping calculation periods and to have gaps between periods.