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Description (Billing)

This billing definitions field allows you to add a description summarizing the tier configuration for quick reference. You can add a description to percentage rate tiers or flat fee tiers. In either case, the description helps your firm identify what the tier is intended for. For example, you might name one tier $0 - $1M 1.25% to summarize that tier's details.

To learn more about rate tiers, see:

• Percentage Rates

• 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.