Role of rate type in billing ...
Can you tell me what is the use of rate type in the rate determination?
What essential information it basically carries?
I know rate type and rate category jointly are responsible for rate determination.
Is it that rate type only tells us that the what kind of register this meter has?
Please explain in details , if possible with example.
In my company actually all the rate type is nothing but just the name of the tariff (product).