TMFC031 Bill Calculation Management v1.1.0

The Bill Calculation processes all charges against billing accounts during bill cycles. Bill Calculation can be executed both on a cyclic basis and on demand. It performs calculations with bill compilation of charges, credits, fees & taxes, including pro-rata, at various levels, such as product and/or account level that have been generated since the last run for that account, applying promotions and discounts as well.