Update Rate Schedule File
This screen allows you to add or modify a Rate Schedule. There are two different types of schedules supported by this system - the absolute tier system and the break-point system.
The absolute tier system will bill the first rate for the entire quantity of the tier, then use the next rate for the next tier's quantity, etc. The break-point system will determine the rate from the quantity and tier it falls within, and then bill the entire quantity at this tier's rate. A break-point system can provide your Customers with a financial incentive to store more containers or to group together other services since the unit rate decrease as the number of units increase.
Rate Schedule: Enter the number of this Rate Schedule. Each Rate Schedule is uniquely identified by a number between 1 and 999999999.
Taxable: There are some States that assess a State Sales or Service tax on the various storage related services. Check this box if this charge is subject to such a tax. Un-check this box if this charge is not subject to such a tax.
Apply Break Point: Check this box to create a Break-Point System. Uncheck this box to create an Absolute Tier System
Customer Number: Enter a 0 if this is a generic Rate Schedule. If this Rate Schedule belongs to a specific Customer, then enter that Customer's Number. The Customer's name will be displayed to the right of this field. Press the [?] button for a list of Customers.
Container Type: The Container Type field identifies each different type of entity which can be stored by a company in your Storage Facility since there are usually different charges associated with each type of thing stored in the warehouse. These categories are not pre-set in the program. They can be established by you to meet the specific needs of your Customers. New Container Types can be added from this screen or they can be added using the Files - Storage Container Type Maintenance option. See Storage Container Type Maintenance for more information.
Description: Enter a full description of this Rate Schedule. This is used to help identify this Rate Schedule. It will NOT appear on any storage invoice.
Minimum Charge: Enter the Minimum Charge for this Rate Schedule, if any.
Divisor: The Divisor field is used as the divisor in the calculation of the Net Charge as displayed in the Billing Rate field above. Consequently, the divisor can never be 0, since you cannot divide by 0. For individual units like Boxes, Hours, etc., the divisor would be 1. For Hundred Weight and percentage calculations, the Divisor would be 100.
Code Basis: The Code Basis describes how the net charge is being calculated. If the charge is based on individual units, then enter "Each". If the charge is based on the number of hours, then enter "Hours". This is a descriptive field which is used to identify the basis of the calculation. It will appear on the Monthly Storage Invoice next to the Rate.
G/L Number: These charges will ultimately be transferred to the Accounts Receivable and to the General Ledger. This number is the General Ledger Account to which the revenue from the monthly storage charge is to be posted. The General Ledger Account should be set up in the Rate Schedule after consulting with your Accountant. If you are using the IBS Accounting programs these numbers have probably already been set up for you. If not, they can be added from this screen or from the Files - G/L Master File Maintenance option. Press the [?] button for a listing of the currently setup G/L Accounts.
Rate Schedule Tiers: This table displays the various tiers in the Rate Schedule.
[ Insert ] Press this button to add a Rate Schedule Tier. See Update Rate Tier
[ Change ] Press this button to edit the highlighted Tier. See Update Rate Tier
[ Delete ] Press this button to remove the highlighted Tier. See Update Rate Tier
[ Print ] Press this button to print a complete listing of this Rate Schedule.
[ Add ] Press this button to add the Rate Schedule entered on this screen.
[ Save ] Press this button to record the changes made to this Rate Schedule.
[ Cancel ] Press this button to close this window.
[ Help ] Press this button (if available) or the F1 key to view the Help text for this window.
