Storage and Service Schedules

Storage and Service Schedules may be applied to Assemblies and Settlements. The schedules can be set up with the initial charges and/or daily rate charges.

Setup

  • Charge ID – Enter a code to identify the Storage/Service Charge. This code may be up to 20 characters in length.
  • Description – Enter a description for the Storage/Service Charge. The description may be up to 20 characters.

Type

  • Storage – Select if this charge is calculated on stored grain.
  • Service – Select if this charge is calculated on contracts.
  • Initial Charge Rate – This is a flat rate charge for a specific number of days or through a specific date.
  • Scale Ticket Charge Start Date – Select from the following options to determine the Start Date:
    • Each ticket is calculated separately
    • Selected Settlement Scale Tickets
    • All Scale Tickets on the Assembly
  • Base Start Date on – Select the option for the calculated Start Date for the Storage/Service Charges.
  • Average Scale Ticket Date – This represents an average date of all Scale Tickets entered on an Assembly.
  • First Scale Ticket Date – This represents the date of the first Scale Ticket entered on an Assembly.
  • Last Scale Ticket Date – This represents the date of the last Scale Ticket entered on an Assembly.
  • First ST With Split Units – Select this option to start charges based on first date of Scale Ticket split.
  • Last ST With Split Units – Select this option to start charges based on last date of Scale Ticket split.
  • Through Date – The Initial Charge is effective through this specified date.
  • Number of days covered – Enter the number of days the Initial Charge Rate covers.
  • Use original start date when grace period expired – If selected when the Grace Period is expired, the charge Start Date reverts to the Scale Ticket Charge Start Date originally entered. If not selected and the Grace Period is expired, the charge Start Date starts the day after the Grace Period ended.
  • Grace Period – This is the number of days allowed before charges begin.
  • Days Per Cycle – This represents the number of days the rate covers. If the rate is a daily rate, days per cycle equals 1. If the rate is a monthly rate, the days per cycle equals 30.

Charge Grid

  • Rate – This is the rate to be charged alone or in addition to the initial rate.
  • Start Date – This is the first date the rate is in effect.
  • End Date – This is the last date the rate is in effect.
  • Inactive – Unused Storage and Service Charge Schedules may be marked as inactive provided they are not set as a default schedule on Commodities or Locations. When Assembly Sheets and Settlements are being entered, only active schedules are available to select.