| Description |
This issue relates to i21 Help Desk ticket. Click the link below to go to Help Desk ticket.
[HDTN-239684 - [Rapid Contract] 0 Basis issues|https://helpdesk.irely.com/iRelyi21live//#/HD/Ticket/?ticket=HDTN-239684]
Problem:
# A 0 value should be a valid entry for the basis portion of a contract price.
## This is true for both "basis" and "priced" contracts
## This applies to both purchase and sales contracts
# A 0 value should be a valid entry for the basis entry screen in risk management
Use Cases:
# User writes a priced sales contract to one of their customers. Futures = 8.24 and Basis = 0
## Basis values may be 0, >0, <0
## A 0 value for the basis means that there is neither an increased nor decreased local demand for the commodity and therefore must be a valid option. Cash price = 8.24
# User writes a sales basis contract to one of their customers. Basis = 0
## As in 1b above, the local market is showing neither an increased nor decreased demand for the commodity and the grower wants to lock in that neutral basis value. Therefore, 0 must again be a valid option. Cash price = 0 + Futures
# User is setting the basis value to be used in risk management. The current local demand is neutral so the local basis value = 0. Therefore, 0 must be a valid option.
Steps to Recreate: Issue 1
# Create a sales priced contract for 1,000 bu of soybeans.
# Futures = 8.24, Basis = 0
# Fill in any other required information
# Click Save
# Contract will not be created because rapid entry doesn't validate 0 as accepted. And says it's an unfilled and required field.
Acceptance:
# Create a sales priced contract for 1,000 bu of soybeans.
# Futures = 8.24, Basis = 0
# Fill in any other required information
# Click Save
# New contract is created
Steps to Recreate: Issue 2
# Open basis entry in risk management
# Enter a 0 value for one of the futures months
# Error
## 0 is not accepted as a valid entry and the field remains blank
Acceptance: Issue 2
# Open basis entry in risk management
# Enter a 0 value for one of the futures months
# The chosen futures month should now have a basis value of 0
Steps to Recreate:
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