What is transportation charge rate table in SAP TM - Transportation Management?

SAP Term: transportation charge rate table

• Component: TM

• Component Name: Transportation Management

• Description: A grouping of prices for transportation services listed by validity period and created independently of an agreement or calculation sheet. A rate table can therefore be used in multiple agreements or calculation sheets.

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• Key Concepts: 
  A transportation charge rate table is a component of SAP Transportation Management (TM). It is used to store and manage the rates for different transportation services, such as freight, fuel surcharges, and other related costs. The table can be used to calculate the total cost of a shipment based on the rates stored in the table. 
  
  How to use it: 
  The transportation charge rate table can be accessed in SAP TM by navigating to the “Transportation Charge Rate Table” tab. Here, users can create new rate tables or edit existing ones. The rate tables can be configured to include different types of charges, such as freight, fuel surcharges, and other related costs. Once the rate table is configured, it can be used to calculate the total cost of a shipment. 
  
  Tips & Tricks: 
  When creating a new rate table, it is important to ensure that all relevant charges are included in the table. This will ensure that the total cost of a shipment is accurately calculated. Additionally, it is important to regularly review and update the rate tables to ensure that they are up-to-date with current market rates. 
  
  Related Information: 
  For more information on SAP Transportation Management and how to use the transportation charge rate table, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_TM/9.6/en-US