How to set up the system in order to handle the ecovalue?

In the Company Parameters, the option Handles Ecovalue allows to activate or deactivate the ecovalue handling in the ERP. his option is selected by default in all locations supported by the ERP, except for Kenya.

If there are already postings with ecovalue, you will not be able to deactivate the ecovalue handling.

To set the general configurations regarding the Ecovalue, follow these steps:

1. Access Administrator | [Company] | Business Application Foundation | Company Parameters | Other | Options Ecovalue | Handles Ecovalue;
2. Indicate the number of decimal places to use in the ecovalue;
3. Indicate if the ecovalues associated with the items should be updated when changing the base ecovalue in the material;
4. Click Confirm.

The ecovalue is a service and is subject to the VAT rate.

For the purchase, sales, and internal documents to be affected by the ecovalue, you should define the VAT rate, as well as create and configurate the waste and items subject to ecovalue.