What is 'billing rate type' in SAP IS-T - SAP for Telecommunications?

billing rate type - Overview

• Component: IS-T

• Component Name: SAP for Telecommunications

• Description: Industry Solution - Telecommunications The billing rate type defines billing rate determination in conjunction with the billing rate category. The billing rate type is defined at the level of the billing account item. The rate determination recorded in Customizing is used with the billing rate category from the historical header data for the billing account to produce the billing rates for the billing account items. A billing rate type for toll invoicing can for example be "street usage" for "fixed network calls" telecommunications.

billing rate type - Details

• 
  Key Concepts: 
  Billing rate type is a component of the IS-T SAP for Telecommunications module. It is used to define the rate at which customers are billed for services. This rate can be based on a variety of factors, such as usage, time, or distance. The billing rate type also determines the currency in which the customer will be billed. 
  
  How to use it: 
  The billing rate type is set up in the SAP system by an administrator. The administrator can define different billing rate types for different services and customers. The billing rate type can then be assigned to a customer or service in order to determine the rate at which they will be billed. 
  
  Tips & Tricks: 
  It is important to ensure that the correct billing rate type is assigned to each customer or service in order to ensure accurate billing. It is also important to keep track of any changes made to the billing rate type, as this could affect the customer’s bill. 
  
  Related Information: 
  The billing rate type is closely related to other components of the IS-T SAP for Telecommunications module, such as pricing and discounts. It is important to understand how these components interact in order to ensure accurate billing and pricing.