CA PMA Chargeback Overview › CA PMA Chargeback Terms & Related Concepts › Terms › Chargeback Algorithm

Chargeback Algorithm

An algorithm is a formula used to calculate a charge. Each algorithm is associated or owned by the charge element it calculates. In its simplest form, the chargeback algorithm is:

Charge          Charge
Unit  * Rate  = Element
|       |      |
|       |      -- User-defined field that holds the
|       |        result of the calculation
|       |
|       -- Can be either simple or conditional
|
-- Can be simple or complex

All calculations start with the charge unit definition.