Enter a Payable Percentage for a Payable Analyte

By default, a payable analyte has a payable percentage with a value of 100%. For more information and examples, see Payable Percentages.

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 Sales Contract or Purchase Contract.
  2. Expand the required set of contract terms.
  3. To edit the default payable percentage, double-click the Payable Percentage node of the payable analyte.
  4. To add a payable percentage, right-click the node of the payable analyte and select New » Payable Percentage from the menu.
  5. Update the Name if required.
  6. Enter general details for the payable percentage. See Enter General Details for a Charge.
  7. Enter conditions for the payable percentage. See Limit the Applicability of a Charge.
  8. Configure the value type of the payable percentage:
    1. Select the Value Type from:
      • Fixed (default)—The charge is defined by the Value.
      • Calculated—The charge is calculated with a formula created in the Expressions for Custom Calculations.
      • Tiered—The charge is determined by tier levels defined on the Tier Group tab.
      • Premium Matrix—The charge is determined from the selected premium matrix, and optionally from tier levels within the premium matrix. See Premium Matrixes.
    2. If the Value Type is Fixed, enter the Value.
    3. If the Value Type is Calculated, select a tested expression or create an expression for the Calc. Expression.
    4. If the Value Type is Tiered, enter tiers. See Enter Tiers for a Charge.
    5. If the Value Type is Premium Matrix:
      1. Select the Premium Matrix from the premium matrixes defined in the Premium Matrix Editor.
      2. If the premium matrix has a Tier Basis of Price, select whether to Use Premium Matrix Tier. If unchecked, the value from the Premium Matrix Rates table is used. If checked, the value is determined from the tiers configured for the premium matrix. The tier entry point is based on the price:
        • The payable analyte price for payable analyte charges
        • The main analyte price for contract term charges in contracts with analyte pricing
        • The product price for contract term charges in contracts with product pricing
  9. Configure the resulting value of the payable percentage:
    1. The Value Basis is Payable Analyte Grade.
    2. Complete the remaining fields on the Resulting Value tab as required.
      • Value Analyte—Select from the analytes defined on the Quality panel of the Solution Explorer.
      • Currency—Select from the currencies defined in the Currency/Exchange Editor.
      • Unit—Unit of measure associated with the Value Basis. Set to %.
      • Value Decimals—Number of decimal places to which to round the resulting value.
      • Mass Decimals—Number of decimal places to which to round the mass.
      • Minimum Output—Minimum value of the resulting value.
      • Maximum Output—Maximum value of the resulting value.
      • Affect—What is affected by the resulting value. For contracts with analyte pricing, select from None and Invoice Value. For contracts with product pricing, select from:
        • None—The resulting value displays on the invoice, but does not affect the invoice value.
        • Invoice Value—The resulting value is included in the invoice as a separate line item.
        • Revenue Value—The resulting value is included in the calculation of the revenue line item.

        Example: A despatch order has a mass of 35,222.250 mt, a price of 50.50 USD/mt and a charge that results in 1.58 USD/mt. If the charge affects Revenue Value, the revenue line item is calculated:

        Price = (50.50 + 1.58 ) = 52.08
        Revenue Value = 52.08 * 35,222.50 = USD 1,834,374.78
      • Excluded in FOB Value—Whether the resulting value is excluded in the FOB value. See Delivery Terms.
  10. Click Save.