|
Other Cost Formula Associations |
  
|
|
Other Cost Formula Associations |
|
The is the tab where other cost formulas are associated to a contract route. A route can be setup to have different other cost formulas over time (date effectiveness). A route is able to utilize the full capabilities of EnergySteward.com other cost formulas (volume tiers, external price/cost indices & baskets, floors, ceilings, etc.). These other cost formulas can be assigned (if already setup on the contract) directly from this screen OR they can be associated to the various routes from the contract other cost formula setup screens. You can have many other cost formulas on a given route at the same time. Other costs are simply additional cost mechanisms which can be applied which can be illustrated on invoices and remittance statements. Important note: When you modify these route other cost formula associations then the underlying deals which reference this contract are automatically synchronized.
Add Other Cost Formula Association (button) - Click this button to add a new association of this contract route to an existing other cost formula on the contract.
View/Edit Grid Button (pencil) - Click this next to the applicable other cost formula association in order to change any of the information relevant to the contract route to other cost formula relationship.
Delete Grid Button (red x) - Click this next to the applicable other cost formula that you want to permanently delete. When you delete a other cost formula association, then all information relevant to that contract other cost formula relationship will be permanently deleted. You might want to consider utilizing the from and thru effective date capabilities in order to preserve contract level historical information related to this other cost relationship. Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.
The following shows the route to other cost formula detail which you are presented with when adding or updating an contract other cost formula association.
Other Cost Formula (drop down list box) - This is a required field and represents the other cost formula (from this contract) which you want to assign to the route. These other cost formulas can be setup by going to the contract other cost formula screen(s). Many routes (and individual meters/wells) can share the same contract other cost formulas.
Effective From (popup calendar) - This is a required field. It will default to '01/01/1800'. This should be left at the default value unless date effectiveness for this other cost formula association is important.
Effective Thru (popup calendar) - This is a required field. It will default to '12/31/3000'. This should be left at the default value unless date effectiveness for this other cost formula association is important.
Calculate Using This Volume (drop down list box) - This is required and should be either 'Receipt' or 'Delivery'. This determines which volume to apply the corresponding other cost formula against. The volumes are the same unless some sort of volume adjustment (fuel, PVR, etc.) formula is applied against the route.