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Cash Adjustments Generated by Tiered Rates

  • Agreements containing tiered rate sets will price all trades at the base (default) rate initially; in nightly batch processing,
  • GPS will automatically generate cash adjustments that represent the difference between the tiered rate that applies and the base rate. 
  • GPS will create the discount, subtract it from the base rate and add it back in the form of a cash adjustment. 
  • It will be described as a “GPS-generated cash adjustment”.

 


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