Adding a Maximum Allowable Rate Discount Table

Overview

Use this job aid to add a maximum allowable rate discount table. Discount tables facilitate ticket entry. By standardizing the values for each grade, discount tables are used in the calculations for each discount and/or premium. Discount tables should contain all possible grade factors. Processing of scale tickets may occur faster and with fewer manual operations by the users if all grade factors are included.

To add a maximum allowable rate discount table:

1. From the Toolbar, click GRN for Commodity Management.

2. From the Commodity menu, select Commodity Tables.

3. From the Commodity Tables menu, select Discount Tables.

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4. Select Add New Discount Tables.

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5. In the Discount Code box, click Lookup or type * and press Enter, and then select the discount code you want to add a discount table for, or type the discount code that you want to add a discount table for.

6. Click OK.

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7. In the Commodity Code box, click Lookup or type * and press Enter, and then select the commodity code you want to add a discount table for, or type the commodity code that you want to add a discount table for.

8. Click OK.

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9. In the Discount Table box, type a single-character that identifies the specific discount table that will be applied towards a transaction. This single-character input field accepts a number, a letter, a special character, or a blank.

10. In the Effective Date box, type a date that the discount table will become effective.

11. Click OK.

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12. In the Discount Table Description box, type a description (for example: elevator table, ADM table, etc.).

13. In the Position Table box, type a discount table. The discount table can use a different table for updating the position than the one used for discounting certain clients. For example: the moisture discount table can be set up as a cents per bushel charge and you want to shrink inventory based on a percentage of bushels. If the position is to be updated using the same table, leave the defaulted table code in the box.

14. In the Rate Method box, type 2 for Enter Maximum Allowable Grade table.

15. Click OK.

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16. In the Allowable Grade box, type the amount allowed before a discount is taken.

17. In the Rate Types box, type a number with the appropriate rate type, for example 1 for Percent of Gross Bu.

18. In the Discount/Premium box, type 1 for Discount to subtract, or 2 for Premium to add.

19. Click OK.

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Learn more about Discounts feature: