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This is a Key Topic, with high value for all users.

Configuration flag CFGAllowEstLaytime enables demurrage estimating, to make the P&L projection more accurate. When the actual demurrage is entered, it overrides this amount.

In the Voyage Manager, click , hover over Estimated Demurrage, and then click New.
Enter the Estimated On date.
Do one of the following:
- Enter the Rate Per Day, Days Allowed, and Days Used. IMOS calculates an Estimate of the Demurrage amount.
  For a Tanker, if Days Used is less than Days Allowed, the amount is 0, unless Allow Despatch is selected on the Vessel form.
- If days and rates are not known, enter an Estimate. The Estimate is used on the Voyage P&L until your first Demurrage calculation.
Do any of the following:
- To have the Voyage P&L reflect the percentage of Demurrage and Demurrage Commission you expect to be collected, enter an Accrual %.
- To include an estimated value for Demurrage in the Voyage P&L, select the Estimate is Provisional check box. Then the value of this Estimate is used in the Actual column until it is superseded by calculated and settled amounts; when you enter any actual amounts, they are subtracted from it.
  - For example, if the Estimate value is $100,000, and you then enter an actual amount of $50,000, the Voyage P&L shows $50,000 provisional and $50,000 actual. If you enter another $60,000 actual, the Voyage P&L shows $110,000 actual and no provisional Demurrage.
  - When the calculation status is Settled, the Agreed Amount is included in the Voyage P&L. When the status is No Demurrage or Canceled, no demurrage or despatch is included in the Voyage P&L.
  - When all Demurrage calculations are done and Claims are created, clear this check box, so that only calculated and settled amounts are represented in the P&L.
    Note: If the check box is not cleared when monthly accruals are run, then the Estimated Demurrage will appear under the respective Mon YYYY Accrual period of the "Compare:" drop-down in the P&L.
  - If this check box is not selected, the estimated demurrage amount is included until the first Laytime Calculation amount is included.

The Estimated Demurrage Amount appears on the P&L tab of the Voyage Manager.

Related Configuration Flags

CFGAllowEstLaytime	On the Voyage Manager toolbar, under Laytime, adds Estimated Demurrage as an option.
CFGEnableMultiEstDem	Makes the Estimated Demurrage calculation per charterer rather than per voyage; select the counterparty. With no Charterer entered, the calculation represents all charterers of the voyage without a charterer-specific Estimate. CFGAllowEstLaytime must also be enabled.
CFGApplyAccrualPercentToDemComm	When enabled, the accrual percentage on the underlying invoice is also applied to the P&L demurrage commission calculation.

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