What Are Rate Plan Periods?

The rate plan, and the different rates created for the products sold in the rate plan, all need to have a period specified during which the rate plan and rates apply.

The following types of periods can be set.

Period Type	Explanation
Open	An open period is a period for which no begin date or no end date is set. For an open period, you do not set any dates in the period fields. These fields are left blank. In this case, the system range period applies. The system range is set during property configuration.
Semi-open	A semi-open period is a period where only one date is fixed and the other is left open. You can set semi-open periods by defining one of the following: •A fixed begin date and an open (blank) end date •An open (blank) begin date and a fixed end date
Fixed	A fixed period has a fixed begin date and a fixed end date set in the period fields.