Add Rates for Mileage Types
Rates must be added to mileage types to automatically calculate the amount that will be paid when making a claim.
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Set the following details for the rates:
- Effective Date — The date the mileage rate applies from
- Mileage Threshold — The limit, in miles, that can be claimed before the Over Rate is applied
- Under Rate — The amount paid per mile if the total mileage claimed is below the Mileage Threshold
- Over Rate — The amount paid per mile in addition to the Under Rate if the total mileage claimed is above the Mileage Threshold
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Passenger Rate — The amount paid in addition for miles for each passenger
If you need to charge different rates for mileage, such as a change in fuel price putting rates up or down, you must set the Effective Date, then add the different rates.
- To add the rates, select the Add icon.
- Save the details.