What contracts are available to allocate on an order

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 complete)
• The contract must have one of the following Price Basis:
  • FOT
  • Delivered
  • Ex Farm
  • DCT
  • FOB
  • CFR
  • CIF

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 Complete)
• The contract must have one of the following Price Basis:
  • FOT
  • Delivered
  • DCT
  • FOB
  • CFR
  • CIF

For the definition of the above acronyms, read Price Basis definitions