Examples of Rate Determination Routines
Fixed Rate
You can enter and change fixed rates. The rate determination module performs pricing using the entered rate and calculates the net rate.
Key Date
You must define the desired rate date. If no rate is found for the specified date, the last valid entry is used but the raw material type is blocked for invoicing purposes.
Average Rate
Once per month you can determine and enter an average of the day rates for a particular month for each raw material type. The average rate is adopted in documents and a surcharge stored there is applied, if appropriate. The net rate is determined on this basis. If the system does not find a rate for the specified month, the last valid entry can be used but the raw material type is blocked for invoicing purposes.
Provision
NF metals can be provided to a vendor by the cable manufacturing plant. These materials are maintained in special stock for the vendor. Withdrawal from special stock is updated on goods receipt and, if necessary, corrected in invoice verification.
Coverage
In accordance with a vendor agreement, NF metals are maintained for an agreed quantity and at an agreed rate date or at a fixed rate. Withdrawals are recorded when purchase orders are processed.