Real-time charge calculation system
a technology of real-time charge and calculation system, which is applied in the field of real-time charge calculation system, can solve the problem of shrinking the time window for the billing process to be completed
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[0027]Before discussing the invention in detail a summary of the terms used is provided. A billing period is a segment of time, defined by specific beginning and ending dates, used to help identify charges to be billed to a customer in a specific billing process. A billing process is a critical path, end-of-cycle process that organizes and formats all charges to appear on a specific physical or electronic invoice or bill. An event is a generic term used to identify a rendered, or a prediction of a rendered product or service. Summaries of events are also considered events. An event contains enough information for the system to be able to calculate a charge and bill the charge to the correct customer. A final price is the result of the final calculation of a charge for an event. An event that is final priced is ready for the billing process. A maximum charge summary event stores, in addition to summary totals, which can be zero, an amount charged a customer when the customer's total ...
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