What if I decide to update the pricing of an Index ?
Each month, your Index Prices can be updated with pricing from the new month's indexes. This process of updating Index Prices will automatically update the pricing for any product on a Purchase Contract that is linked to an Index Formula, as well as any Worksheets that have been created and linked to these Purchase Contracts.
To update Index Pricing:
- Navigate to Pricing > Index Prices. A list containing your previously entered Indexes will populate and a drop-down menu at the top will indicate the month for which pricing is being updated. This defaults to the current period.
- Enter your publication's index price for each index in the field to the right of the index name.
- When finished, click the Apply Index Prices button in the top right corner of the page. A pop-up message will alert you to the number of Orders and Worksheets that have been updated.
- Follow this procedure each month when your Index Prices have been published.
If you have additional questions, please contact the Support Team via email to support@cietrade.net.