Testing Setup for Grain Schedules

Q.  Is there a way to ensure the rates entered in Grain schedules are accurate?

A.  To ensure rates entered in Grain schedules are accurate, a new Test Setup feature is available.  This is available when setting up dock, shrink and premium/discount tables.  To use this feature, simply enter a value in the Result field.

With this table, 20 should test a value of .26.  Click the Test button to calculate the premium/ discount.

If the premium/discount is based off a price, then enter a price in the Price field along with the result.

Based off this table, the calculated % of base price should be 30% or .3000 for this result.

With a base price of $10.00, a 30% premium/discount result would calculate .30 X $10 = $3.00.