General Information
- Start Date and End Date
If necessary, enter new start and end dates in these fields. The dates must be within the date range in the contract header.
Note: When you save the record, the system compares the start dates on the block to the contract header and issues an error message if the start date or end date on the contract block is before or after the dates on the contract header.- Contract Price Group
Enter a code from UDC table 43C/PG to identify matrix pricing, for example, IL (internal).
- Price Override
Enter the unit price for the product. You can apply adjustments to this price if a price adjustment schedule is defined on the Pricing tab.
- Price Level
Enter a code from UDC table 45/PL for the price level, for example, 1 (Level I) and 2 (Level II). The price level determines the price on a receipt line. Transactions made against a contract use the price associated with this price level unless you specify an override price in the Price Override field.
- Minimum Price and Maximum Price
Enter the smallest and largest base prices that the system should use for transactions against the contract. To use this feature, you must associate an adjustment schedule to the contract that has a minimum and maximum price adjustment defined within the schedule. If you do not have an adjustment schedule, the fields are informational.
- Memo Price and Memo Price Level
Enter an additional price for the contract for reference purposes. For example, you could enter the district average price and compare it to the actual price that you pay the grower.
Enter a code from UDC table 45/PL to identify the price level of the memo price.
- Price Override Comment
Enter any free-form text about the price override, such as a short description of the purpose of the price override.
- Purchasing UOM (purchasing unit of measure)
Enter a code from UDC table 00/UM that identifies the unit of measure in which you usually purchase the product. Examples are BL (barrels) and GA (gallons).
This field is not required if the contract status is draft. The system requires a value in this field to calculate the contract price.
- Price Type
Enter a code from UDC table 43C/PT that represents the type of price that the contract uses. For example, DP (district price) is the price that is set by a district, whereas SP (set price) is a price that is agreed upon between you and the grower.
- Contract Quantity and Transaction UOM (transaction unit of measure)
Enter the number of items or products that you expect to receive for the contract and enter the corresponding measurement from UDC table 00/UM in these fields. For example, if you enter 2 and TN in these fields respectively, the contract quantity is two tons.
The default value for the Transaction UOM is from the Purchasing UOM field.
- Minimum Quantity and Maximum Quantity
Enter the smallest and largest amounts that can be transacted against the contract if a contract quantity exists (the Contract Quantity field contains a value).
- Disallow Receipt
Select this check box if you want the system to validate transactions against the minimum and maximum quantities.