Bill Rate Rules

Bill rate rules for bill agreements determine the rate of billing that applies depending on the pay code conditions that are met as a result of the pay agreement interpretation process. That is, the pay agreement interpretation process allocates time or units against certain pay codes, depending on the pay code conditions that are applicable. Bill rate rules then determine the applicable bill rates for each of the pay codes against which time or units are allocated by the pay interpretation process. In this way, Rates and Rules generates billing data that is passed onto the Billing application in order to generate and distribute invoices to clients.
Each pay-dependent bill agreement configured within Rates and Rules can include multiple bill rate rules. However, only one pay rate rule can be valid at any given time for each hierarchy level/hierarchy value/pay code condition combination at any given time (for more information, see below).
In Rates and Rules, a bill rate rule within a pay-dependent agreement is configured by defining the following: agreement hierarchy level and hierarchy value to which the rule belongs
validity period of the rule
applicable pay code condition applicable rounding type
one or more margin/markup types.