Set up trade plans for periodic costs

You can configure trade plans for periodic costs, ensuring accurate allocation of time-dependent costs, such as cooling and ripening.

To set up a trade plan for periodic costs, follow these steps:

1. Select the Search icon , enter Trade Plans, and then choose the related link.
   The Trade Plans list page opens.

2. On the action bar, select New.
   The Trade Plan Card page opens.

3. On the General FastTab, enter the required information in the following fields:

   Field	Description
   No.	Specifies the code of the trade plan based on the number series defined on the Trade Management Setup page. Alternatively, you can manually enter a code, for example, RIPENING.
   Description	Enter the description of the trade plan, for example, Ripening Costs.
   Status	Select the status of the trade plan. The available options are: Draft: You can edit the trade plan. This is the default status of a newly created trade plan. Active: The trade plan can be used in documents. The trade plan rates cannot be edited or deleted when the trade plan is set to this status. Inactive: The trade plan is not valid and cannot be used in documents. The system automatically sets the Status field value to Inactive when the trade plan has an incorrect setup and requires modification.
   Trade Plan Type	Select Periodic to set up the trade plan for periodic costs.
   Invalid	The system automatically turns on this toggle and updates the Status field value to Inactive when a trade plan has an incorrect setup and requires modification. To update the trade plan, you must first set the Status field to Open and then to Active. The system displays errors that guide you to make the necessary changes to the trade plan. After the errors are resolved, the system turns off the toggle, allowing you to change the Status field to Active to use the trade plan.

4. On the Details FastTab, enter the required information in the following fields:

   Field	Description
   Accrual Type	Select the type of accrual to be applied to the trade plan. The available options are: Actual Cost and Standard Cost.
   Item Charge No.	Select the code of the item charge that the trade plan uses to allocate trade costs. This field is mandatory when the Accrual Type field value is defined. However, this field value is not editable when the G/L Account No. and/or Balance Account No. field values are defined.
   G/L Account No.	Select the general ledger (G/L) account where the trade costs is posted directly, instead of using item charges. This can be used when you want to post costs such as service fees or handling charges directly to a G/L account without affecting the inventory value of items traded. This field is not editable when the Item Charge No. field value is defined and is editable only when the Accrual Type field value is set to Standard Cost.
   Balance Account No.	Select the G/L account where the balancing entries can be posted. This field value is not editable when the Item Charge No. field value is defined and is editable only when the Accrual Type field value is set to Standard Cost.
   Allocation Method	Select how to divide the cost over multiple lines when applicable. The available options are: Unit of Measure, Per Net Weight, and Per Gross Weight.
   Process After Item Ledger Entry No.	Select the item ledger entry number the system must use to process the periodic cost set up in the trade plan.
   Last Calculated Item Ledger Entry No.	Specifies the item ledger entry number that was last processed. The system updates the field value when the periodic cost calculation is run.

   The trade plan is set up.

To set up trade plan rates for the trade plan, see Set up trade plan rates for periodic costs.