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A sequence represents an anticipated activity (ship / receive) against a given contract.

Here are the steps on how to add sequence:

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can be cancelled (Washed Out) against another sequence that exists on a different contract.  The following is a list of requirements before the sequences can be cancelled against one another:

  • Both original contract and washout (opposing sequence) Applied quantity = 0
  • Both sequences' Pricing Type = Priced or Cash
  • Neither sequence has quantities scheduled against it
  • One sequence must be sale and the other a purchase type
  • The sequence quantities must be the same
  • The commodity must be the same on both sequences
  • Entities must be the same (same vendor or customer)
  • Futures Market are the same
  • Future months must be equal
  • Unit of Measure is the same

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