Declare Optional Pricing in a Set of Contract Terms

This activity is only applicable if the contract has been configured with either a contract product or payable analytes with optional quotation pricing lines. See Quotation Pricing Certainty.

Security Note: You need the Allow contract maintenance security right in the Contracts domain security rights group for this activity.

Activity Steps

  1. Open the Sales Contract or Purchase Contract.
  2. Expand the required set of contract terms.
  3. Perform one of the following steps:
    1. If the contract has product pricing, select the Quotation Pricing node.
    2. If the contract has analyte pricing, select the applicable Payable Analyte node.
  4. Right-click an optional quotation pricing (QP) line that has a fixed date as the Declare By date and select Declare QP from the menu.

    The Declare QP screen displays.

  5. Select the Party that is making the declaration. Whether the quotation pricing declaration has been made by the buyer or the seller.
  6. Select the Declaration Date. Must be on or before the Declare By date of the quotation pricing line.
  7. Click OK.

    The Declare QP screen closes and the Declaration in the QP line displays the selected details.

    No new optional QP lines can be added to the group of optional QP lines.

  8. To remove the declaration, right-click the group of optional QP lines and select Remove Declaration from the menu.
  9. Click Save.