Relevant to: Buyers
Navigation tree: Transactions > Orders
There is logic within the Order form to filter the list of available Contracts for you to select.
This logic is designed to ensure that the Contracts associated with an Order align to eliminate the potential for errors.
The Origin Contract logic specifies the following rules between the Order and Contract:
Commodity must match;
The start and end date must have at least one day overlap;
The Contract must be a Purchase Contract;
The Contract status must be in 'Awaiting Deliveries' or 'In Progress', (not 'Completed');
The Contract must have one of the following Price Basis listed:
FOT (Free on Truck)
Delivered
Ex-Farm
DCT (Delivered Container Terminal)
FOB (Free on Board)
CFR (Cost & Freight)
CIF (Costs, Insurance & Freight)
FOR (Freight on Road)
The Destination Contract logic specifies the following rules between the Order and Contract:
Commodity must match;
The start and end date must have at least one day overlap;
The Contract must be a Sale Contract;
The Contract status must be in 'Awaiting Deliveries' or 'In Progress' (not 'Completed');
The contract must have one of the following Price Basis:
FOT (Free on Truck)
Delivered
DCT (Delivered Container Terminal)
FOB (Free on Board)
CFR (Cost & Freight)
CIF (Costs, Insurance & Freight)
FOR (Freight on Road)
Please refer to our guide Price Basis definitions for further information on their terms.