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.
X_RATE_BASIS is a fixed lexicon with the following values:
| 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 |
