Introduced Effective Date Logic for Straight Term Method

When the Straight Term Method is used with Standard Calculation Mode selected in the Standard Process configuration, the effective date selection logic is now explicitly defined:

  • For Transfer Pricing (TP) calculations, the TP Effective Date is used when it is present in both fixed and adjustable records.
  • For Add-On calculations using the Straight Term TP method, the Add-On Effective Date is used when it is present in both fixed and adjustable records.

Business Benefit:

This enhancement ensures consistent and predictable effective date selection for Straight Term Method calculations, while giving users greater flexibility to tailor term behavior to specific pricing and repricing requirements.

Steps to Enable and Configure

You don't need to do anything to enable this feature.