The Pool Income/Expense screen displays a list of pooling income and expense rates that are used in calculating milk class prices and applied during month-end payment processing.
These rates are adjustments that directly affect the producer payment pool. Examples include chocolate milk promotion, raw milk disposal, or other incentive/penalty programs. These adjustments flow through the pool and impact how revenues and costs are shared among all producers.
Note: The start date for these adjustments usually defaults to the current open payment period and may not be editable. The start date cannot be set earlier than the current period, and you cannot apply the same type of adjustment more than once in the same period.
To open the Pool Income/Expense screen:
•Click the Payments arrow on the menu bar, select Miscellaneous Rates, and then click the Pool Income/Expense on the navigation menu.
The Pool Income/Expense page provides:
•Ability to search for pool income or expense rates from the drop down arrow
•View the pool income or expense rate by start and end dates
•Ability to add new, edit, or remove pool income or expense rates
•Ability to sort column details in ascending or descending order