Every enrollment contract allows for multiple fees to be recorded via the billed fee and standard fee fields. This allows for businesses to easily track what is being charged (the billed fee) and compare to what could potentially be earned (the standard fee) with a reason for the difference easily captured (the adjustment reason). An easy way to think of this is a billed fee is the money that is actually earned, while the standard fee is money that could have been earned.
Billed Fee vs Standard Fee Print
Modified on: Thu, 14 Jul, 2022 at 2:37 AM
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