Adjust Trade Profit and Loss

Security Note: You need the Allow the user to enter adjustments in trade profit and loss security right in the Trading domain security rights group for this activity.

Activity Steps

  1. View the Profit and Loss of a Trade.

    The Trade Detail displays.

    Note: You cannot adjust an historical P&L if the P&L is in a Profit and Loss report for a date that is on or later than the date of the historical P&L. For example, a Profit and Loss report for 30 June includes a trade P&L. Historical P&L of that trade up to and including 30 June cannot be adjusted. However, the Profit and Loss report itself can be adjusted if required. See Trading Profit and Loss Reports.

  2. To adjust only the value of a line item:
    1. Edit the value of the P&L of the line item.
    2. Enter Comments if required.
  3. To add an adjustment:
    1. Right-click in the purchase or sales side of the trade as required and select Add Adjustment from the menu.

      The Add or Edit Adjustment screen displays.

    2. Enter the following fields.
      • Category—Determines where the adjustment displays in the profit and loss.
      • Is Dry Mass Basis
      • Amount
      • Comments
    3. If the Category is Price, select the Analyte Definition.
    4. If the Category is Contract Charges, select the Contract Charge or Contract Charge Template, and the Contract Charge Concept as required. If the contract charge is a refining charge, select the Analyte Definition.
    5. If the Category is Freight And Service Charges, select the Activity, Rate Details and Cost Subcategory.
    6. If the Category is Others, select the Dynamic Item Type from the Dynamic Invoice Item Types list items defined in the List Editor.
    7. For any other category, enter a Description.

      For price, contract charge and freight and service charge adjustments, MineMarket creates the description from the selected values.

    8. Click OK.
  4. To edit an adjustment:
    1. Right-click the line item and select Edit Adjustment from the menu.

      The Add or Edit Adjustment screen displays.

    2. Update the fields as required.
    3. Click OK.
  5. To delete an adjustment, right-click the adjustment and select Delete Adjustment from the menu.
  6. To clear all adjustments:
    1. Right-click in the Profit and Loss table and select Clear Adjustments from the menu.

      A confirmation message displays.

    2. Click Yes.
  7. Click Save.