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| Contract Header Fields |
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| Field Name | Description |
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| Template | Use this to automatically default fields to the template of your choice |
| Type | Purchase or Sale |
| Entity | Either a customer (Sale) or vendor (Purchase) |
| Commodity | What you're selling |
| Quantity | The total quantity of the contract along with UOM |
| Contract Date | Indicates the date when the document was created |
| Entity Contract | Your customer or vendor's contract number |
| Position | Used in the logistics screens and activity |
| INCO/Ship Term | Transportation terms |
| Country | |
| Pricing Type | | Type | Description |
|---|
| Priced | A price contract allows for the entry of both the futures price and basis amount. | | Basis | A basis contract locks down the basis component upfront but not the futures price. The futures month is also selected. The basis can be set after delivery. | | HTA | An HTA (Hedge to Arrive) contract locks down the futures price but not the basis. The future price must be entered before delivery. | | Unit | Quantity is established but not futures price or basis. | | DP | Deferred Price - A DP (deferred price) contract will not allow entry of futures price, basis nor quantity. Quantity will be incremented upon deliveries. | | Cash | A Cash contract is treated the same as Priced but is for a commodity that is not board traded. |
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