Description |
Steps:
1. Create 2 purchase basis contract. And price it.
|1st Contract
Futures Price:
500 bu = 15.5
500 bu = 16.5|Cash Price for 1st contract should be
1st pricing = 16
2nd Pricing = 17|
|2nd Contract
Futures Price:
500 bu = 20.5
500 bu = 21.5|Cash Price for 2nd contract should be
1st pricing = 21
2nd Pricing = 22|
2. Create load in ticket.
|Create Load In Ticket (Open Storage)|1. Go to Ticket Management > New Ticket
2. Set the following details:
a. Type = Load In
b. Vendor = 4 X 4 FARMS
c. Item = ITEM1028C
d. Distribution = Open Storage
e. Discount Schedule = DISCC
- Discount Reading = 57
f. Storage Schedule = Open Storage C
g. Gross Weight = 12000
h. Tare Weight = 2500| |Should have this value in weight details
Gross Units: 1958.3334 bu
Shirnk Units: 11.75 bu
Net Units: 1946.5834bu|
3. Distribute the ticket.
4. Settle the storage against 2 basis contract (fully priced with multiple pricing)
5. Unpost settlement.
Issue:
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Acceptance:
Should be able to unpost settlement.
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