Category: (2) TAM Application Type
Application Identifier: 5.15.1
Maturity Level: 4
The Customer
Bill Charge Calculation provides appropriate functionality to assemble items to
be incorporated into a bill, applying prices or recalculating charges in the
context of appropriate billing events.
Customer Bill Charge Calculation also considers the results of
aggregation and balance management functions in the process of calculating
charges.
Customer
Bill Charge Calculation aggregates charges from different sources. By using the
Charge and Balance Management application
it determines charges, including:
for
purchased products and services in a given bill run based on the customer price
plan set at time of order/contract negotiation. It also recalculates charges as
appropriate across product, location, or customer, and considerations based on
business rules.
Functionality also includes currency conversion and partial period (prorating) handling.
This was created from the Frameworx 16.0 Model