What is local calculation sheet in SAP TM - Transportation Management?

SAP Term: local calculation sheet

• Component: TM

• Component Name: Transportation Management

• Description: A hierarchical table used to calculate transportation charges that is created locally within an agreement or rate table. A calculation sheet combines the charge types permitted for a document and the sequence in which the system takes these charge types into account during charge calculation.

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  Key Concepts: 
  Local calculation sheet is a feature of SAP Transportation Management (TM) that allows users to create and manage their own custom calculation sheets. It enables users to define their own cost elements, such as freight, fuel, and other surcharges, and then calculate the total cost of a shipment based on these elements. The local calculation sheet also allows users to define different cost elements for different types of shipments, such as domestic or international. 
  
  How to use it: 
  To use the local calculation sheet in SAP TM, users must first create a new calculation sheet. This can be done by selecting the “Create Calculation Sheet” option from the “Calculation Sheets” menu in the SAP TM application. Once the calculation sheet is created, users can then add cost elements to it by selecting the “Add Cost Element” option from the “Calculation Sheets” menu. After adding all of the desired cost elements, users can then calculate the total cost of a shipment by selecting the “Calculate” option from the “Calculation Sheets” menu. 
  
  Tips & Tricks: 
  When creating a local calculation sheet in SAP TM, it is important to ensure that all of the cost elements are accurately defined. This will ensure that the total cost of a shipment is calculated correctly. Additionally, it is important to remember that different types of shipments may require different