How to create a freight only contract
Go to Grn>Setup Information>Contract Type
Click on Insert
Contract Type- Choose two letters to represent the contract type
Description- Enter a description for the contract type
Priority- We recommend a priority level of 13
Hedge Position- Enter 0) Don Not Include on Report
Use Unique Range- Y) We recommend using a Unique Range
Enter the fields that are to be available on the contract
Below are the recommended fields but can be changed
Save/Exit
Go to GRN>Commodity Tables>Commodity Codes>Add a new Commodity
Enter a commodity code and location
Note* If letters were used to create previous commodity codes we recommend using numbers to create the Freight Commodity code.
If numbers were used to create previous commodity codes we recommend using letter to create the Freight Commodity code.
Enter the following field on this screen
Description- Choose a Description
Hedgeable- N
Delivery Sheets by Grade -N
Change all valid futures months to N
Blank out the Default Board
Enter the Trade, Position and Ledger Units of Measure as Units with the weight as1.00
Click on Next
Blank out all discount codes as they are not needed for a Freight Only Contract
Click on Save/Exit
Go to Customize>Document Numbers>Sales/Purchases by Type
Allow Unique Range for Each Location- Choose Yes for each location to have its one range
Choose No for each location to have the same range
Unique Range by Contract type- Defaulted Y
Use Last Number to Default Next -Y
Allow Ability to Enter Number – Y or N
Enter the sequence to be used for the Fright only contracts
Click on ok to save
Note* If Fright only will be used for purchase and sales contracts this setup needs to be done for both.
