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    Create an Advance Purchase Derived Rate

    Setting up a new Advance Purchase Derived Rate Type using the Rate Manager Chart in RMS.


    Steps Required

    Have your System Administrator complete the following:

    1. Go to Charts > Rate Manager in RMS.
    2. Select the 'Rates' menu and choose 'Rate Types'.
    3. Navigate to the 'Derived Rate' tab and choose 'Add'.
    4. Select a Master Rate for pricing to be derived from.
    5. Enter a description for the Derived Rate.
    6. Enter the lead time for the Advance Purchase Rate.
    7. Navigate to the Adjustment Amount tab.
    8. Select an Adjustment Type and enter the value required.
    9. Select a Rate Period option and choose 'Save/Exit'.
    10. Set the Rate Type Access and choose 'Apply'.

    Visual Guide

    Go to Charts > Rate Manager in RMS or select the 'R' chart icon in the toolbar menu.

    Select the 'Rates' menu and choose 'Rate Types'.

    Navigate to the 'Derived Rate tab and choose 'Add'.

    Select the Master Rate for pricing to be derived from.

    Enter a description for the Derived Rate.

    Optional: Enter an alternate charge description for when this Derived Rate is applied to the account.

    Enter the lead time for the Advance Purchase Rate.

    Select or enter any required additional options.

    Navigate to the Adjustment Amount tab.

    Select an Adjustment Type and enter the required value.

    Select a Rate Period option and choose 'Save/Exit'.

    Set the Rate Access Level and choose 'Apply' to store the changes made.




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