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Note: Configuration flag CFGEnableGeneralUnpricedComponent must be enabled.
An Unpriced Component is a contractual item that has an amount linked to a market index. You can add multiple Unpriced Components to a contract.
On a Cargo, VC In, Time Charter In, or Time Charter Out contract, click .
On the Unpriced Component form, do any of the following:
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In the General section, define the Unpriced Component and its market curve details.
The Unpriced Element form includes a settlement and a forward curve (this allows users to select two different symbols in case the settlement curve does not have forward rates).
You can create the following Components:
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- FillDays: When Holidays or All option is selected, make sure that holidays have been specified in the Data Center Holiday Calendar, so that those dates will populate based on the Fill Rule specified.
- Fill Rule: The Fill Rule specifies where the price is to be taken from. When Last Spot Pricing is selected, the price used will be the last spot price on the curve on or before the Event Date.
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Invoicing Unpriced Components
On the Freight Invoice, you can view Unpriced Components, override the Market Rate, and view the Unpriced Component Rate Breakdown report.
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