Calendars

In MineMarket, calendars define the working and non-working days applicable to business operations; for example, for countries or for organisations such as commodity exchanges. Multiple calendars can be configured.

Calendars are referenced when entering general details such as payment terms and instalments for material contracts and used when generating invoices. Accurate calendar configuration is important for the calculation of prices or interest rates that are determined based upon a monthly average, minimum or maximum.

If prices or interest rates are missing for the required date or within the date period, an error can result when the invoice is generated. Prices or interest rates can be missing if the date is defined as a non-working day.