How to Fix Provisional Prices
cieTrade supports two ways to fix your provisionally priced grades and loads.
The first way to fix is on the worksheet that the provisionally priced grade is on. Here is a step by step guide on how to do that on a Shipping worksheet and here is a guide on the Receiving worksheet.
The other way to fix prices is on the Provisional Price Manager. From here you can view all unfixed or fixed prices, make determinations and changes to prices, across loads, from one screen.
1. Enable Provisional Pricing in your database under Settings> Preferences> Worksheets & Orders> check 'Use Provisional Pricing' > click Save.
2. From the main dashboard, click on Pricing on the left hand menu.
3. In this submenu, click on Provisional Pricing. This will open the ledger.
4. The ledger is an efficient way to view all provisionally priced grades (sales & purchases), fix prices, and see the gain/loss.
Worksheet Number: this is the receiving ticket or shipping worksheet with the provisionally priced grade.
Order Number: this is the underlying, connected Order where the provisional price was established for the grade.
Grade: This is the product or material selected on the Order and worksheet to be purchased or sold.
Fixing Term: This is the month of the Order.
Pricing Period: This is the Order date + Days to fix. This will give you the window of time for the price to be fixed.
Price: This will show blank for provisional prices and bolded in black for fixed prices.
Status: This is either Provisional or Fixed. Provisional means its based on the Order value and Fixed means it has been finalized.
Gain/Loss: This is the difference between the Provisional price and the Fixed price. This will only populate once the price is Fixed.
Fixed By: This is for traceability. It is the user that was logged in and fixed the price.
Fixed Date: This is for traceability. It is the date that the price was fixed.
5. To fix the price on any line, scroll all the way to the right and click 'Fix Price'.
6. Enter the details about the fix and click Save. The adjustment will be reflected in the ledger and on the underlying worksheet, on the Adjustments tab.
If you have additional questions, please contact the Support Team via email to support@cietrade.net.