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Rate Sequence

  • GPS has a mechanism for applying rates. 
  • To ensure accuracy of the rates applied, GPS will let the end-user dictate the rate calculation hierarchy with the input field labeled “Rank”.
  • This rate hierarchy is provided by effective date, from the most specific to the most general, when calculating fees. GPS calculates fees from the rates displayed on the specific rate list screen and searches backward to the top of the General rates list screen.
  • Rank works by the higher the “rank” number, the first to be calculated. There will be two ranking lists, one for Specific and the other for General rates.