Trade Zones and Trade Environments
Logistics transactions involve trade zones, or regional areas with differing rates and requirements for shipping and receiving. A trade environment is the combination between two trade zones. A trade environment is defined to help users apply multiple rates that a specific logistics supplier for a specific logistics charge would apply, depending on the distance and method of a delivery.
In logistics accounting, specify trade environments and trade classes to help manage different costs on a zone-by-zone basis.
Create new trade zones in Logistic Trade Zone Maintenance (2.15.9.1).
Logistic Trade Zone Maintenance (2.15.9.1)
Logistic Trade Zone
Enter a name for the trade zone.
Description
Enter a description.
Country Code
Enter a country code for the country in which the trade zone is located.
State
Enter the state in which the trade zone is located.
County
Enter the county in which the trade zone is located.
City
Enter the city in which the trade zone is located.
Zip Code
Enter the zip code in which the trade zone is located.
Description
Enter any additional information.
Trade environments are used to manage specific trade zones and their relationships to each other. They address the needs of logistics suppliers who are calculating costs based not only on weight or volume, but on distance. For example, a shipment within one city will cost a different amount than a shipment from the city to another city, another state, or another country. By combining data from ship-to and ship-from trade zones, trade environments can be created for frequently used routes and can help predict costs more efficiently.
Create new trade environments in Trade Environment Maintenance (2.15.9.4). Specify ship-to and ship-from zones in the appropriate fields. Access existing trade environments in Trade Environment Browse (2.15.9.5).
Trade Environment Maintenance (2.15.9.4)
Trade classes are used to differentiate items from each other on a taxable basis. Items with the same trade class are valued at the same rate during the apportioning process. This allows more accurate cost prediction when logistics charges are accrued.
Create new trade classes in Trade Class Maintenance (2.15.9.7). Trade classes can be assigned to specific items in Item Master Maintenance (1.4.1).
Trade Class Maintenance (2.15.9.7)