Description |
Steps:
# Created purchase (price) contract# 714, Entity : Bart Sand, Commodity: Wheat
# Created sequence for 10,000 Metric ton at $35 (CAD) Futures, $2.50 (CAD) / Differential
# Saved the contract
# Created sale (price) contract# 100055, for same entity, commodity and quantity at $27.50 (CAD) Futures, $3.50 (CAD) Basis / Differential
# Saved the contract
# On the purchase contract# 714, clicked on WASHOUT (in the sequence area)
# Selected the Existing sales contract# 100055
# At this point made sure, no other existing contract can be selected with a different entity, commodity or price type.
# Clicked *Continue* after selecting the contract.
# System prompted for AR Credit Memo or AP Voucher creation because the source contract value is less than the washout contract.
# Selected AP Voucher
# Ensured that the voucher was created referencing the washout contract.
# Ensured that the voucher line description references the washout contract and on both contracts, reference *WASHOUT* in the sequence
# Post the Voucher (Auto-generated the AP Voucher for $15,000.)
Issue: Missing account
Acceptance: When creating voucher from wash out, developer should pass appropriate account to use.
See AP-6092 for more details.
|