Basic setup of Storage Fees

How are storage-fees set up correctly?

The desired period for which the Storage Fee needs to be calculated, is defined in the Packaging Setup. The setup also includes the storage-fee account (G/L account), the Storage Fee No. Series and the Storage Fee Pricelist No. Series. Normally, a specific, dedicated G/L account is used for this purpose.

What does the setup look like on the customer side?

Open up the Customer Card to start. Within the column Packaging are two extended setup options. You are able combine multiple customers within one Storage Fee Group using a Customer Storage Fee Group Code. This setup is intended for customer groups that are invoiced at a consistent price regardless of region.

Furthermore, a specific Storage Fee Invoice Period can be defined, which determines the interval for storage fee settlement.