Examples of Rate Determination Routines
Fixed Rate
You can enter or 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 billing 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 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 the billing document.
Provision
Customers may provide their own NF metals. These materials are maintained in special stock at the manufacturers. Withdrawal from special stock is recorded when the billing document is posted.
Coverage
In accordance with a customer agreement, NF metals are maintained for an agreed quantity and at an agreed rate date or at a fixed rate. Withdrawals are recorded when orders are processed.