What is prerating in SAP IS-CC - SAP Convergent Charging?

SAP Term: prerating

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging An advanced process that allows a service provider to prevent a customer's balance from going below 0 when a service is used. This is done by using a reservation mechanism.

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• Key Concepts: 
  Prerating is a feature of the IS-CC SAP Convergent Charging component that allows for the pre-calculation of charges for services and products. This feature enables customers to view the cost of their services and products before they are billed, allowing them to make informed decisions about their purchases. 
  
  How to use it: 
  Prerating can be used to calculate the cost of services and products before they are billed. This feature can be used to provide customers with an estimate of their costs before they commit to a purchase. The prerating feature can also be used to calculate discounts or other incentives that may be available for certain services or products. 
  
  Tips & Tricks: 
  When using prerating, it is important to ensure that all relevant information is included in the calculation. This includes any discounts or incentives that may be available, as well as any taxes or fees that may apply. Additionally, it is important to ensure that the prerating calculation is accurate and up-to-date in order to provide customers with an accurate estimate of their costs. 
  
  Related Information: 
  For more information on prerating and how it can be used with IS-CC SAP Convergent Charging, please refer to the official SAP documentation. Additionally, there are a number of online resources available that provide detailed information on how to use prerating and other features of IS-CC SAP Convergent Charging.