Rates

A rate determines the cost of shipping product to various locations and the amount that you charge customers for freight. A rate definition specifies:

• The basis for the rate such as a weight, cubes, or distance value.

• The structure for the rate, such as a single flat rate, a one-dimensional lookup rate, or a two-dimensional look up rate.

• Whether the rate results in a billable or payable charge.

• Other information that is necessary to calculate a specific rate charge, such as whether discounts apply.

The cost to ship products is called payable freight. The amount that you bill to customers for freight is called billable freight.

The JD Edwards EnterpriseOne Transportation Management system enables you to set up rate types, including simple rates and lookup rates. A simple rate is a flat amount or unit amount that is multiplied by weight, volume, or some other factor to calculate the charge. A lookup rate is similar to a simple rate, but the system looks up the flat amount or unit amount in a table, and bases the rate on weight, volume, or some other factor.

The JD Edwards EnterpriseOne Transportation Management system also enables you to use standard industry rating methods, such as:

• Clipped rates.

  These rates are determined based on the value or weight of items. You might set up clipped rates primarily for insurance purposes.

• Look-ahead rates (also called Deficit Weight Rates).

  These rates find the next weight break above the actual weight. The system calculates look-ahead rates based on the minimum weight or volume in the break. The system then uses the lesser of the two rates. You must have the rate basis set up for weight or volume to use look-ahead rates.

• Accessorial charges.

  These rates are additional charges, such as charges for an inside delivery or a Saturday delivery, added onto an existing rate charge.