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.