Rates
From Smartbilling
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Rates
Definition:
- Rates are Catalog Items pertaining to usage transaction billing. They define a set of rules for calculating the individual transaction prices.
- Rates can be set as a Flat Fee, a Per-quantity charge, or be calculated using a Rate Plan
- Rates must be associated with a Service.
Procedure to follow when creating Rates:
- On the 'Rates' page, click on the 'Add Rate' link.
- In the 'General' Section of the Rate information page, select an appropriate 'Rate Type' from the drop-down menu. If you do not find the 'Rate Type' that you are looking for, you will need to contact SmartBilling Support in order to ask that one be created for you, and a customization charge may apply. 'Rate Types' are the means by which you connect the 'Rate' you are creating with a Usage Import template. A 'Rate Type' can apply to more than one source of usage data, and thus can be populated by more than one Usage Import template.
- Depending upon the 'Rate Type' selected, other fields may appear in the 'General' Section. Fill them in as appropriate. Fields that have an asterisk (*) next to their value box are mandatory, and as a rule, it is good practice to fill in all values, whether or not they are mandatory, and even if the field value is Zero.
- In the 'Charge' Section of the Rate information page, enter a 'Name' for the 'Rate', select a currency and a Tax Code that applies to the 'Rate', and finally, enter the 'G/L Accounting Code' with which to associate charges created using this 'Rate'.
