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Claim point

A 'claim point' must be specified on every program line, and works with the 'payment frequency' to determine when payments are due.

If a program line has a 'claim point' of 'in advance', the payment will be due at the beginning of the payment period. If a program line has a 'claim point' of 'in arrears', then the payment will be due at the end of a payment period.

For example, a program line with a payment frequency of 'Once' and a claim point of 'In advance', would result in the line being due for payment on the start date.

On the contrary, a program line with a payment frequency of 'Monthly' and a claim point of 'In arrears', would result in the line being due for payment on the final day of each month.

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