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Annual Fee (Billing)

This billing definitions rate field allows you to enter the annual rate you want the rate tier to be billed. The Annual Fee is automatically divided by your billing cycle frequency to produce the fee paid at each invoice.

To learn more about rate tiers, see:

• Set Up Rate Tiers for Bill By Category

• Set Up Rate Tiers For Bill By Total Portfolio

• Add Flat Fee Tier

• Add Rate Tier

For more information on billing groups, see Understanding Billing Groups.

For more information on billing definitions, see Understanding Billing Definitions.