Insert excerpt Getting Started with IMOS On-Prem Getting Started with IMOS On-Prem nopanel true
When time chartering in a vessel, you need to create a Time Charter In for the Bareboat charter and then record the contracted cost of the crew and provisions provided by a separate counterparty.
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- On the Time Charter In Bareboat tab, click
.
- Enter at least a Counterparty, Currency, Exchange Rate, and Billing Period.
- Do any of the following:
- In the Hire Rate grid, if the Bareboat Hire is not paid on the Time Charter Payment, enter a Bareboat Hire Rate. On the Voyage P&L, it appears as Bareboat Hire.
- In the Miscellaneous grid, enter miscellaneous expenses for all Bareboat Payments. You can specify if they are commissionable.
- In the Broker grid, add Brokers to the contract.
- To view the Bareboat Hire Statement and report, click
. - To make a payment, click
. Payments appear in the Summary Tree, at the right. - To view and create Bareboat Commission Payments from the Bareboat Commission Summary, click
.
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