Adjusting rate amounts
Adjusting rate amounts
On occasion, you will need to increase or decrease amounts for a rate schedule. TMWSuite allows you to adjust all amounts by either a percentage or by a flat amount. When you elect to adjust amounts, the system copies the existing rate and creates a new one to which the adjustments will be applied. The original rate is not deleted. Data on the old rate is not changed, with one exception. If the old rate’s expiration date is on or after the new rate’s effective date, the old rate’s expiration date is changed to the date that precedes the new rate’s effective date.
Note: By default, when you adjust a primary rate that is linked to secondary rate(s), those secondary rate(s) also are linked to the new copy.