Viewing penalty charges information for a rental order

View Rental Order - A summary of the activity

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This page enables you to view penalty charges applicable for a rental order. Penalty charges are levied on the part if the part is used beyond the agreed lease period. You can view the general penalty information, calendar based penalty charges and parameter based penalty charges information.

The “View Penalty Charges” page appears.

The system displays the following field:

Date Format

The format in which the date field is displayed. This format is displayed from the "User Preferences" business component based on the login user ID. In case the format is not defined, the system displays the date format from the "Enterprise Modeling" business component by default.

The system displays the following field in the “Rental Order Details” group box:

Rental Order #

The number identifying the rental order for which the penalty charges are displayed.

Amendment #

The amendment number of the rental order, if any.

Rental Order Date

The date on which the rental order was raised.

Status

The status of the rental order.

Customer Name

The name of the customer to whom the part is rented.

Order Currency

The currency in which the rental order transactions take place.

The system displays the following fields in the “Lease Information” group box:

Lease Charges On

Indicates the method by which the lease charges are calculated.

  • Parameter – indicates that lease charges are calculated based on the parameter usage values

  • Calendar Period – indicates that lease charges are calculated based on the calendar period

  • Both – indicates that lease charges are calculated based on both parameter and calendar period

  • None – indicates that lease charges are not applicable

From Date

The date from which the lease becomes effective.

Calendar Lease Period

The lease period in terms of days, weeks, months or years.

Lead Parameter

The lead parameter of the component.

Parameter Lease Period

The lease period in terms of lead parameters such as FC, FH etc.

The system displays the following fields in the “Penalty Information” group box:

Penalty Charges On

Indicates the method by which the penalty charges are calculated.

  • Parameter – indicates that penalty charges are calculated based on the parameter usage values

  • Calendar Period – indicates that penalty charges are calculated based on the calendar period

  • Both – indicates that penalty charges are calculated based on both parameter and calendar period

  • None – indicates that penalty charges are not applicable

The value set for “Lease Charges On” will be displayed for the control “Penalty Charges On”

Calendar Penalty Period

The penalty period in terms of days, weeks, months or years.

Parameter Penalty Period

The lease period in terms of penalty parameters such as FC, FH etc.

The system displays the following fields in the “Penalty Charges Policy Details” group box:

Calendar Based Penalty Charges Policy

The policy by which the calendar based penalty charges are calculated for the rental order. The system displays “Flat” or “Percent”.

Calendar Based Penalty Charges Basis

The basis by which the calendar based penalty charges are calculated for the rental order. The system displays “Cumulative” or “Period”.

Parameter Based Penalty Charges Policy

The policy by which the parameter based penalty charges are calculated for the rental order. The system displays “Flat” or “Percent”.

Parameter Based Penalty Charges Basis

The basis by which the parameter based penalty charges are calculated for the rental order. The system displays “Cumulative” or “Period”.

The system displays the following fields in the “Calendar Based Penalty Charges” multiline:

From Period

The starting period (day / week / month / year) from which the penalty charges are effective.

To Period

The ending period (day / week / month / year) till which the penalty charges are effective.

UOM

The unit of measurement of the calendar period.

Flat Rate / UOM

The flat rate applicable for a day/week/month/year The system displays this field if the calendar based penalty charges policy is ‘Flat’.

Percent of Rental Price / UOM

The percentage of rental price applicable for a day/week/month/year The system displays this field if the calendar based penalty charges policy is ‘Percent’.

Penalty Charges

The penalty charges applicable for the period.

Remarks

Any remark pertaining to the penalty charges defined for the period.

The system displays the following fields in the “Parameter Based Penalty Charges” multiline:

From Value

The starting value in the range of parameter values from which the penalty charges are effective.

To Value

The ending value in the range of parameter values from which the penalty charges are effective.

UOM

The unit of measurement of the lead parameter.

Flat Rate / UOM

The flat rate applicable per UOM.

Percent of Rental Price / UOM

The percentage of rental price applicable per UOM.

Penalty Charges

The penalty charges applicable for the parameter value range.

To proceed, carry out the following:

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