Pricing a Ticket

Overview

Use this job aid to price a ticket. The selected ticket cannot be on a delivery sheet. The delivery sheet must be reversed so the ticket can be priced.

To price a ticket:

1. From the Toolbar, click GRN for Commodity Management.

2. From the Commodity menu, select Contracts, and then select Price Tickets.

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3. In the Location Code box, click Lookup or type * and press Enter, and then select the accounting location, or type the accounting location.

4. In the Inbound/Outbound box, type I for inbound ticket or type O for outbound ticket.

5. In the Ticket Number box, click Lookup or type * and press Enter, and then select the ticket number, or type the ticket number.

6. In the Application Number box, click Lookup or type * and press Enter, and then select the application number, or type the application number.

7. Click OK.

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8. In the Delivery Date box, type the beginning date for this contract to be delivered. The current position date displays, and can be changed as necessary.

9. In the Due Date box, type the ending date for this contract to be delivered. The current position date displays, and can be changed as necessary.

10. Click OK.

11. In the Price Status box, type P for Priced, U for Unpriced or, X for Settled.

12. In the Pricing Date box, the current position date displays, type the date this pricing is effective.

13. In the Board Name box, type the abbreviation name of the board from the Commodity Tables, for example Chicago Board of Trade (CBOT).

14. In the Futures Month box, type the valid board month appropriate for this contract. Valid futures months are defined under Commodity Tables.

15. In the Price box, type the price per unit of measure (bushel) this price is the "scheduled price" on this pricing, or leave blank to calculate.

16. In the Futures and Basis Amount boxes, type the future price and basis price, or leave blank to calculate.

17. Click OK.

Learn more about Contracts feature: