Demurrage Calculation

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Demurrage Calculation

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Upon selecting the EQC button, a pop up window will be displayed which will show pending calculation if available.

 

Notes:

If all the calculation is done already, then the pop up window is used to view the calculation part.

For any pending Demurrage, a warning message will be displayed. Subsequently, system calculates the respective rate & charge and insert it in the Unaccounted Charges section.

In the summary section, click the View button to see the entire summary of calculation against the specific container.

 

Calculation Details

Upon selecting the EQC button, system will list the containers with the Equipment charges calculated details. Also, system auto calculates demurrage till the current system date (if any pending Equipment Charge needs to be calculated).

 

Case 1:

If the Demurrage calculation is already done till the demurrage end date and invoiced, then user is allowed to proceed with the Container deposit refund.

 

Case 2:

If the container selected has only Demurrage charge applicable but Demurrage is not calculated, the below message will be displayed.

“Pending demurrage needs to be calculated for some containers”

Click the EQC button to  view and calculate the pending demurrage amount. It will be available in the Balance Amount column.

The date until which the demurrage amount to be calculated will be displayed in the Calculation End Date column. User can also manually select the Calculation End Date. The manually selected date should get updated for all the selected containers.

For demurrage to be calculated for the revised date, the End date will be automatically displayed in Calculation End Date column.

Ex: Demurrage Start Date : 01-May-18  → DSFULL

     Demurrage End Date : 10-May-18 → MTIN

For the above example, if demurrage is not calculated, then the Calculation End Date should display automatically as 10-May-2018.

oIf Demurrage is calculated till 05-May-18, then the Calculation End Date will be displayed as 10-May-18.

oCalculated Demurrage Amount  section will display the already calculated demurrage amount.

oBalance Amount will display the remaining demurrage amount which needs to be calculated.

Once the Calculation Upto Date is selected as 12-May-18, then the “Calculation End Date” column should automatically get updated for the containers selected as 12-May-18. User can manually select the date against each container as well, since date may vary container wise.

 

Case 3:

If no demurrage amount needs to be calculated, then the Balance Amount column will be displayed as 0.

 

Note: To calculate the pending demurrage (if available), calculate the rates based on the procedures done in the EQP charge Calculation program and Invoice Entry program.

Below details to be opened once the button is selected.

 

Case 4:

If equipment charge is not calculated, then Calculation End Date will be automatically displayed based on the Free Days defined in the Demurrage/Detention setup program.

Example:

Discharge Date is 20-May-2018 (DSFULL)

Returned Date is 25-May-2018 (MTIN)

Free days available is 10 days

 

For this case, user has not calculated demurrage. So when the EQC button is selected, Calculation End Date should automatically display as 30-May-2018. (Since 10 free days are available).

 

Note: If the Calculation Upto Date selected is lesser than the Calculation End Date, then no need to back update the Calculation Upto Date against the container.