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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.

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

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For example, if three Rules in an Advanced Pricing table all evaluated to true and all included only Freight as a Result, the Freight from the first Rule would be used, and nothing would be used from the second and third Rules. If the second Rule additionally had a value for Demurrage/Despatch plus an Extra Freight Term, and the third Rule had a different Extra Freight term, the Freight would be used from the first Rule, the Demurrage/Despatch rates and the Extra Freight Term would be used from the second Rule, and the different Extra Freight Term would be used from the third Rule. The Advanced Pricing Report is a useful tool for understanding which Results from which Rules are being applied to the contract, and why.

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1. Click  (or, on a Cargo Booking or VC In Booking, click ) and then click Advanced Pricing Simulator.
   
2. The setup form for this report includes any Variables that were used as Conditions in at least one Rule of the contract (except those used only in expressions). The Value column displays the current value of this Variable, if it is available. Do any of the following:
   • Change Values from the contract, which appear on this form.
   • Enter Values for other Variables in the table, using Operations and contract details where available.
   • Click the last row to add another Condition.
   • For a Multiple Cargo Booking, click  or  to see the Simulator for the previous or next Cargo. The Cargo number appears in the Title bar.
3. Click . The Advanced Pricing Rules Report shows the Results with these values applied.
   • If Values are blank, those Rules will not be evaluated.
   • You can modify the Values and run the report again.