General Coverage Information and Minimum Charges

Within the General section, you will be able to add coverage information as well as add minimum charges.

Add a Coverage

Cost components can be shared across coverages. Read more about shared amounts for coverages.

1. On the Coverages page, select Add Coverage.
   
2. Fill in the Name, Asset Type, and Program Type (Full Distribution or Fixed Rate).
3. Select Use minimum charge? if needed.
   
   Details on the minimum charge are below.
4. Select Next.
   

Enter Shared Amounts (Optional)

If cost components need to be shared across different coverages, click Shared Amounts and fill out the form. When you go to the Target tab, details on shared cost components will be displayed. Read more about Shared Amounts.

Use Minimum Charge (Optional)

1. Under the general coverage information, you will see the Minimum Charge section. Check the box if you want to ensure all assets included will result in a minimum charge. This feature is helpful in the event that the value of a particular asset is too small for a rate to be computed. This step is optional.
2. For the next section select Yes or No to Override allocated charges that fall below the minimum charge. If you click Yes, any accounts with a charge below the minimum will automatically receive the minimum charge. If you select No , only accounts with an allocated amount of $0 will be assigned the minimum charge.