Enter Costs for a Repurchase Contract

Security Note: You need the Allow contract maintenance security right in the Contracts domain security rights group for this activity.

Activity Steps

1. Open the Repurchase Contract.
2. Select the Costs tab.
3. Perform one of the following steps:
   1. To add a cost from a cost template, right-click in the table and select Add [Cost Type] » [Cost Template Category] » [Cost Template] from the menu.
   2. To add a new cost, right-click in the table and select Add [Cost Type] » New from the menu.
4. Select the Repurchase Cost Scope for each cost. Costs can be limited to the open action or to buyback actions if required.
5. Update the Activity for each cost. Select from the Service Activity, Freight Activity and Finance Activity list items defined in the List Editor.
6. To add a rate detail to a cost, right-click the cost and select Add To Same Cost from the menu.
7. Update the following fields as required for each rate detail.
   • Name
   • Rate Detail Basis
   • Value
   • Currency
   • UOM
   • Duration
   • Time Basis
   • Use Calculation
   • Calc Expression
   • Type
   • Rate Decimals
   • Loan Amount
   • Interest Rate Series
   • Interest Basis
   • Bank Fee

   Note: See Cost Templates for descriptions of these fields.

8. To override rates from the applicable exchange rate source, see Enter Fixed Exchange Rates.
9. Click Save.