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Prorate New Billing Groups for Percentage Fees

This setting allows you to prorate the percentage fees on the bill for the period of time which the first account within the billing group was open and funded.

To prorate additional accounts which joined the billing group during the period, but after the inception of the billing group, the billing inception date must be set on the additional accounts you would like to prorate.

When using average daily balance, the average daily balance will be used for the days from the inception date of the billing group to the end of the period. The rate tier is then applied to this value and the bill is prorated for the portion of the period the account was open.

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

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