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Advances, final settlement, deferred settlements, simulated settlement, advance and settlement voids are available for tickets applied to purchase and sales contracts as well as ‘spot’ inbound and direct-ship tickets. Tickets can be ‘reversed’ from a final settlement instead of voiding the settlement in which case a debit/credit memo is created.

Settlements process all computations including; grade factor discount/premiums, with optional averaging, grade discounts, cross-applied product discounts/premiums, contract price adjustments, carry, contract multi-origin/destination freight differentials, ticket freight charges, drying, storage charges, discount schedule deduction/additions, DP charges, delayed payment premiums, up to three checkoff/levies, and three levels of tax (GST/VAT), including tax on checkoff/levies. Manual adjustments are shown as well as Debit/Credit memos applied to this settlement.
 

Deep functionality means a high degree of fit for your business with few workarounds

  High efficiency due to batch processing and refined procedures
  Professional laser printed appearance of settlements with complete producer detail
  No worries about overpayment due to computational errors or missed data
  Ability to make corrections such as ‘reversing’ tickets without voiding settlements
 
Get more detailed information about dbcSMARTsoft modules by downloading the document below:
Download dbcSMARTsoft V11.0 Specifications (PDF) (4.8 MB)
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Settlement Sheet
   
   
   
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