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Excerpt

PCR-360 contains two different types of Charges.

  • Recurring: Charges that recur over time for continued usage of a piece of Equipment or Service. There are four types of Recurring Charges for Organizations to base their Billing practices on.
    1. Monthly: This is the default for a Charge's Charge type. The Charge will be applied every month until it is stopped.
      • These Charges can be set to "Bill Forward", thus Bill one month ahead of the Billing Cycle.
      • These Charges can also be set to 'Bill Backward' in order to catch up on past Billing Cycles.
      • When the GLA for this Charge is updated, the Charge is Stopped and Restarted.
    2. Quarterly: The Charge will be applied every three months until it is stopped. 
      • These Charges are always treated as being set for "Bill Forward".
      • Back Dated Charges will Bill for one cycle only, before continuing on the current cycle.
        • Example, a Charge backdated six months ago, will Bill for only the last three months.
      • When the GLA for this Charge is updated, the Charge is Stopped and a new Charge is Started.
      • The Effective Date for updates to this type of Charges can only be set for the date of the Last Billed.
    3. Semi-Annual: The Charge will be applied every six months until it is stopped. 
      • These Charges are always treated as being set for "Bill Forward".
      • Back Dated Charges will Bill for one cycle only, before continuing on the current cycle.
        • Example, a Charge backdated twelve months ago, will Bill for only the last six months.
      • When the GLA for this Charge is updated, the Charge is Stopped and a new Charge is Started.
      • The Effective Date for updates to this type of Charges can only be set for the date of the Last Billed.
    4. Annual: The Charge will be applied every twelve months until it is stopped. 
      • These Charges are always treated as being set for "Bill Forward".
      • Back Dated Charges will Bill for one cycle only, before continuing on the current cycle.
        • Example, a Charge backdated three years ago, will Bill for only the last year.
      • When the GLA for this Charge is updated, the Charge is Stopped and a new Charge is Started.
      • The Effective Date for updates to this type of Charges can only be set for the date of the Last Billed.
  • Non-Recurring: One-Time Only Charges.

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