Enter Coverage Information
In the Coverages section, you will add coverages and cost component amounts and then create and apply rate classes for the assets defined under the different coverages.
You can then adjust the settings for how the charges are computed using minimum amounts, modifiers, and more.
There are seven main steps for entering Coverage information. You can click on any of the steps below to skip to that help section:
General: Add coverage information and minimum charge.
Target: Add cost component information and view target allocation amount.
Accounts: Select the accounts that will be affected by the allocation
Rates: Define rate classes and identify assets to be included.
Modifiers: Create rules to be applied that will alter the allocation charges.
Collar: Add a collar for a previous allocation or add a cap amount.
Import Rates: Import rate information from another application.
Continue to the next step in entering Coverage information, General.