Settlements Process Welcome to the Settlements Process section of the BPM for Settlements & Billing. In this section, you find the following information: A description of a Settlement Run and various Settlement Run Types How CAISO groups Charge Codes A description and processing rules for the three types of Pass Through Bill (PTB) transactions How CAISO schedules calculation runs Settlement Runs & Types A Settlement Run is the daily execution of specified Settlement calculations in order to generate either current or revised Settlement results for output. During the execution of a Settlement Run, both charges and matching revenue distributions are calculated as balanced transactions in accordance with the equations specified for each Charge Code and Pre-calculation. For all calculations included in a Settlement Run, revenue distributions are payments to a Business Associated expressed as a negative value and charges are monies owned from a Business Associated expressed as a positive value. There are two categories of Settlement Runs: Initial and Recalculation. A unique Settlement Run is defined for each Settlement calculation result set that contains a specific set of Charge and Pre-calculations. Each of these defined Settlement Runs is a unique Settlement Run Type. A Settlement Run Type exists in support of each for the following result sets: Settlement Run Type Description of Output TAC Rate Run Run including all pre-calculations needed to calculate and proved current TAC and rates for posting. Daily Initial Market Run Initial run for each Charge Code set with the same Payment Date that is executed for all Trading Days in a Bill Period. These result sets are used to facilitate the generation and publication of all versions of the Daily Initial Settlement Statement, which in turn support the generation and publication of all versions of the Initial Invoice or Payment Advice. Monthly Initial Market Run Same as the Initial Market Run, however this run includes all Trading Days in a Bill Period. These result sets are used to facilitate the generation and publication of all versions of the Monthly Initial Settlement Statement.
Settlements Process Welcome to the Settlements Process section of the BPM for Settlements & Billing. In this section, you find the following information: A description of a Settlement Run and various Settlement Run Types How CAISO groups Charge Codes A description and processing rules for the three types of Pass Through Bill (PTB) transactions How CAISO schedules calculation runs Settlement Runs & Types A Settlement Run is the daily execution of specified Settlement calculations in order to generate either current or revised Settlement results for output. During the execution of a Settlement Run, both charges and matching revenue distributions are calculated as balanced transactions in accordance with the equations specified for each Charge Code and Pre-calculation. For all calculations included in a Settlement Run, revenue distributions are payments to a Business Associated expressed as a negative value and charges are monies owned from a Business Associated expressed as a positive value. There are two categories of Settlement Runs: Initial and Recalculation. A unique Settlement Run is defined for each Settlement calculation result set that contains a specific set of Charge and Pre-calculations. Each of these defined Settlement Runs is a unique Settlement Run Type. A Settlement Run Type exists in support of each for the following result sets: Settlement Run Type Description of Output TAC Rate Run Run including all pre-calculations needed to calculate and proved current TAC and rates for posting. Daily Initial Market Run Initial run for each Charge Code set with the same Payment Date that is executed for all Trading Days in a Bill Period. These result sets are used to facilitate the generation and publication of all versions of the Daily Initial Settlement Statement, which in turn support the generation and publication of all versions of the Initial Invoice or Payment Advice. Monthly Initial Market Run Same as the Initial Market Run, however this run includes all Trading Days in a Bill Period. These result sets are used to facilitate the generation and publication of all versions of the Monthly Initial Settlement Statement.
BPM%20for%20Settlements%20and%20Billing_v1.docx