RATE BASIS OVERRIDE is an optional field used to display the unit of measure that the associated rate is being stored or displayed in. Rate Basis may be overridden in the entry screen, or through the transaction loader process.
Saved Value | Displayed Value | Meaning |
---|---|---|
01 | YR | Yearly/Annual |
02 | MO | Monthly |
03 | SM | Semi-monthly |
04 | BW | Bi-weekly |
05 | WK | Weekly |
06 | DY | Daily |
07 | HR | Hourly |
08 | UN | Unit |
09 | CT | Contract - Normally used for Premiums not Pay Lines |
10 | CL | Contract Limit - Normally used for Premiums not Pay Lines |
15 | $ | Amount |
Screen captures are meant to be indicative of the concept being presented and may not reflect the current screen design.
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