Back	Home > Data Dictionary > P > Percentage Rates (Billing)

Percentage Rates (Billing)

These billing definitions rate setting allow you to create tiers with different annual rates based on assets under management. The first rate tier always starts at $0.00, and as you add tiers, the From amount always automatically generates based on the previous rate's To amount.

When setting up percentage rates, you can edit the following options:

• From amount

• To amount

• Rate

• Annual Rate

• Description

Notes

Be aware that:

• If you do not enter an amount in the To box, Tamarac Reporting will set the ending amount as No limit.

• Click Add Rate Tier to add additional rate tiers. There is no limit to the number of rate tiers you can add.

• Percentage rate tiers must be sequential, without gaps (e.g., $0.00-$100, $100.01-$200). Flat fee rate tiers must be sequential and can't overlap, but gaps are allowed and you don't have to start at zero (e.g., $10-$100, $200-$300).

Learn More

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.