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Rate (Billing)

This billing definitions rate field automatically calculates the rate applied each billing cycle based on the annual rate entered here and the billing cycle.

For example, if your billing cycle is quarterly and you enter an annual rate of 1%, the rate is 0.25%.

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.