Set up a Freight Parity

Security Note: You need the Allow the user to maintain parities security right in the Marketing user group security rights group for this activity.

Activity Steps

1. Open the Parity Editor.
2. Select the freight parity to be either Source or Destination. Destination parities are often associated with sales contracts. Source parities are often associated with purchase contracts.
3. Right-click in the Freight Parities field group and select New from the menu.
4. Update the freight parity Name if required.
5. Select the Base Location from the port locations defined on the Supply Chain panel of the Solution Explorer.
6. Enter the number of Decimals to which to calculate the parity.
7. To define a freight parity period:
   1. Right-click in the Parity Periods field group and select New from the menu.
   2. Update the Start Date and End Date if required. The default start and end dates are first and last days of the month.
8. To define a freight parity item for a freight parity period:
   1. Select the parity period in the Parity Periods field group.
   2. Right-click in the Parity Items field group and select New from the menu.
   3. Complete the following fields.
      • Parity Location—Location to where the parity is applied from the Base Location. Select from the port locations defined on the Supply Chain panel of the Solution Explorer.
      • Parity Value—Parity applied per unit of mass, in the nominated currency, for each nominated unit of measure.
      • Currency—Select from the currencies defined in the Currency/Exchange Editor.
      • Per Unit Mass—Select from the Mass units defined in the Unit Conversion Editor.
      • Weight Mass Type—Select from Gross Weight Mass, Net Weight Mass and Dry Weight Mass.
      • Weight Location—Select from By Loading Transactions and By Unloading Transactions.
9. Click Save.