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The
Vessel Storage Rate can be used to allocate the Vessel
Costs (e.g. Depreciation) to the Bulk Wine. This function
does not calculate the storage fees to be charged to
Contract Clients. Vessels containing the Wine of Contract
Clients should not have a Rate against them as one will
normally not update the cost of Contract Wine with overhead
costs.
The
"Rate" field in the CELLAR REFERENCE MAINTENANCE,
VESSEL TYPES option is used to enter the daily rate
for the Vessel (it is not a rate per litre). Once the
rate is entered, the CELLAR OPERATIONS, CELLAR WORK
SHEET ENTRY and BULK RECEIVAL/DESPATCH OPERATIONS, BULK
DESPATCH ENTRY will add storage cost to the Bulk Wine
as in the following example:
We
have three Vessels with contents on 30 October:
Vessel
A: 50 000L
Vessel
B: Empty
Vessel
C: 10 000L
Follow the following
procedures to initiate the functionality:
- Run the WINEMAKING ADMINISTRATION, VESSEL STORAGE
COST UPDATE option while signed in on 30 October.
This will calculate storage cost on all Vessels
at a zero rate up to 30 October. If we skip this
step and enter a rate against the Vessel Type, the
update program will calculate storage costs from
the first time the Wine Batch was transferred to
the Vessel.
- Enter the "Rate" against all Vessel
Types that should add storage cost to the Wine:
- Vessel A: $25
- Vessel B: $30
- Vessel C: $10
We
transfer 10 000L from Vessel A to Vessel B on 15 November.
This transfer calculates the storage cost and adds it
to the cost of the total volume before removing the
transfer volume using the following formula:
15 days (include 31/10,
but exclude 15/11) x $25
The
Wine is removed with a cost that includes the storage.
We
sell 5 000L of the Wine in Vessel B on 20 November.
The BULK DESPATCH ENTRY will calculate storage cost
and add it to the cost of the total volume in Vessel
B using the following formula:
5
days (include 15/11, but exclude 20/11) x $30
The
WINEMAKING ADMINISTRATION, VESSEL STORAGE COST UPDATE
option should be used at the end of every month after
adjustments are done to the Bulk Wine with Stocktake.
This program will add storage cost to the Wine for the
period since the last update occurred (whether it was
this function, Cellar Work Sheet Entry or Bulk Despatch
Entry) to the current date on which you are logged in.
We run this function on 30 November with the following
results:
Vessel
A: 15days x $25 = $375 was added to the 40 000L
Vessel
B: 10 days x $30 = $300 was added to the 5 000L
Vessel
C: 30 days x $10 = $300 was added to the 10 000L
You
will notice that storage cost is added the moment a
change in the Vessel volume occurs. The VESSEL STORAGE
COST UPDATE only impacts on the period since the last
movement (Cellar Work Sheet Entry or Bulk Desptach Entry)
or the last date the VESSEL STORAGE COST UPDATE was
run, whichever has the latter date.
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