‘Fixed unit rate’ mechanism

Description

A mechanism where the earnings are a fixed rate, expressed as an amount per unit volume, and this rate is independent of transactions.

Example

A program line for which the earnings are £0.50 per unit, irrespective of the level of that transaction.

Configuration approach

You will be required to enter a rate for the program line and select at least one dimension item for each of your dimensions.

Enable will select matching transaction lines for the deal, based on:

• The trading partner to which the program line belongs.

• Your dimension item selections.

• The start and end date of the program line.

• The currency of the parent trading program.

To calculate an earnings result for the program line as a whole, Enable will multiply the user-entered per unit rate by the total across the matching transaction lines for transaction units.

To calculate an earnings result for a matching transaction line, Enable will multiply the user-entered per unit rate by the entry for transaction units that applies to the transaction line.

Optional settings

For a program line that uses the Fixed unit rate plug-in, there are no optional configuration settings.

For such a program line, you will be:

• Required to enter a rate for the program line and select at least one dimension item for each of your dimensions.

• Unable to enter any further information in the ‘Mechanism details’ area.

Units of measure conversion

Some program lines may exist where the unit of measure to which the per unit rate applies is different to the unit of measure that applies to the included transaction lines.  For example, there are program line where the rate that has been agreed with the trading partner is a rate per ton but the unit of measure that applies to the included transaction is kilogram.

For more information on units of measure conversion, please see the following article.