Bookshelf v7.5: Setting Auction Duration


Field	Description
View Date	The date and time in hours and minutes when the item will appear in the auction catalog. Bidding may not open, but the item can be viewed. The default is the current date and time.
Open Date	The date and time in hours and minutes when the item will accept bids. The default is the current date and time.
Close Date	The date and time in hours and minutes indicating when the auction will close. The close time cannot be the same time as the start time. The default is a week from the current date and time.
Auto Close	Check this box if you want the auction to close automatically at the time shown in the Close field. If you do not check Auto Close, the auction will stop accepting bids at the Close time, but you will have to close the auction manually for the close-auction processes to run.
Dynamic Close Check Interval (mins)	This time increment defines the time period before the auction closes when Siebel eAuction will check for bidding activity. If there is bidding activity, dynamic close will be activated, extending the auction past the original Close time.
Dynamic Close Extension Period	The number of minutes to extend the auction. The Auction Close Date will be extended by this amount each time a bid is placed inside the Dynamic Close Interval, not to exceed the Dynamic Close Stop Date.
Dynamic Close Stop Date	Date and time when the auction will close without any further Dynamic Close extensions. You can change the default maximum time frame for a Dynamic Close extension from its default of 60 minutes.

NOTE: When the dynamic close feature is not used, the dynamic close fields are still displayed. The lister can enter values in these fields, but they are not used. Dutch auctions do not use the dynamic close feature.