Client Management Company Rate Change Create a Rate Change - Items with % Increase
Create a Rate Change - Item Codes Method % Increase (continued)
RMR Maximum – If you only want to include customers with a monthly rate up to a certain amount, then enter that amount in this field. Example: If most of your customers have a monthly rate of 29.95 but a few that are above that amount and you do not want to increase those that are currently above 29.95 per month, then you would enter 29.95 in this field. You can use this field in combination with the RMR Minimum amount to include a limited monthly rate range of customer recurring.
Save As New Setup (optional) – If this checkbox is selected, the selections made on the Setup Information will be saved and a new Company Rate Change batch is automatically created with the same setup parameters for use as the basis for future rate changes.
Exclude Recurring Items - The two fields in this area allow you to exclude customers that have received a rate change or have a contract start date which is within a specified number of days. This allows you to exclude customers that have recently received a rate change or may be a new customer.
The rate increase date exclusion formula subtracts the number of days from the Company Rate Change Effective; if the last increase date is greater than this calculated date, the recurring line will be excluded. When Company Rate Change batches are posted, the recurring line that is being ended by the rate increase program is marked with a last increase date equal to the effective date for the batch. The typical setting for this field is 365 days.
The contract start date exclusion formula subtracts the number of days from the Company Rate Change Effective; if the contract start (System record) date is greater than this calculated date, the recurring line will be excluded. The typical setting for this field is 365 days.
Once all information is filled in, proceed to the Branches setup form.