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IMOS DocumentationIMOS DocumentationGetting Started with IMOS On-Prem
Getting Started with IMOS On-Prem
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With Advanced Pricing in IMOS, you can price Cargo contracts based on many variables in addition to load and discharge ports. You can create configurable rules containing relevant variables, conditions, and results. These rules will determine the value of various attributes of the contract, such as freight and Extra Freight Terms. The Advanced Contract Pricing Module Right must be enabled in Security.

Workflow

  1. On the Pricing tab of a CargoVC InCargo COAVC In COA, Bulk Cargo Update, or CP Terms Details form, select the Advanced check box.
    • If any Pricing Templates exist, and there are no existing Rules, you are prompted to choose a template.

    • To switch back to the current pricing matrix functionality, clear the Advanced check box.
  2. Complete the Pricing Rule form by adding Conditions or Groups of Conditions, and corresponding Results, to fit the contract. Many Rules can be created for a single contract.
  3. When you exit the Pricing Rule form, all Rules appear in a grid that replaces the current Pricing grid.
     
    • Rules will be read in sequence. To change the sequence, right-click a Rule and then click Move Up or Move Down.
    • To open the Pricing Rule form again to view a Rule, right-click a Rule and then click Details.
    • To add another Rule, click the last row in the grid; the Pricing Rule form opens again.
    • Values applied by Advanced Pricing can be overridden. Overridden values turn blue and are no longer populated by the Advanced Pricing table.
      • To resume populating an overridden field from the Advanced Pricing table, clear the field. However, the Bunker Surcharge field cannot be cleared. Instead, right-click it and then click Revert to Adv Pricing Result.

      • Extra Freight Terms that are manually added to a contract that uses Advanced Pricing are blue when entered and are not deleted when the table is run. 

      • Extra Freight Terms inserted by Advanced Pricing that are manually deleted are added again when the table is run. To remove them, set their value to 0 rather than deleting.

      • On a Cargo COA, you can undo overrides:
        1. The Advanced Pricing Overrides button includes the number of overrides that exist. Click .
        2. Clear the check boxes of any overrides you want to undo and then close the form.
    • For an Estimate Only Result, the text in the contract and throughout IMOS is dark red. When creating an invoice that includes an Estimate Only Result, if you set the invoice status to Actual, you are prompted to finalize the values or set the invoice status back to Pending. You can either manually overwrite the values in the contract or click Estimate Only again in the Pricing Rule form to clear it.
    • Otherwise Rules: One or more Rules with no Conditions can be added to the end of the list of Rules. These will be used on the contract should none of the other Rules evaluate to true.
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  4. To print a report about the Rules table from the contract it is used on, click  (or, on a Cargo Booking or VC In Booking, click ) and then click Advanced Pricing. It shows Rules that evaluate to true, a full list of Rules, and Rules that cannot be evaluated, as well as any warnings on the contract.
    The Cargo form Module Right must be enabled in Security.

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To access the Pricing Rule form after rules have been created, do one of the following:

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These contract items can be populated by the Advanced Pricing table:

  • Allowed Laytime
  • BAF or Bunker Surcharge (depending on the setting of CFGUseSymmetricalBAF)
  • Counterparty Option Tolerance
  • Demurrage/Despatch
  • Extra Freight Terms
  • Freight
  • VAT

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