Enter Pricing for a Repurchase Contract

A new repurchase contract has fixed pricing configured by default. Use this activity to edit the fixed pricing or to configure quotation pricing for the contract.

This pricing applies to all actions in the repurchase contract, unless overridden for an individual repurchase action. See Enter Pricing for a Repurchase Action.

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 Repurchase Contract.
  2. Select the Pricing tab.
  3. In the Pricing Header field group:
    1. Update the Currency and Unit if the pricing is in a different currency from the contract.
    2. Enter the number of Decimals to which to round the price.
    3. To override exchange rates from the applicable exchange rate source, see Enter Fixed Exchange Rates.
  4. Select whether to use a Fixed Unit Price or Quotation Pricing.
  5. If the Value Type is Fixed Unit Price, enter the price in the currency and UOM of the contract.
  6. If the Value Type is Quotation Pricing:
    1. Select the Price Series from the prices series defined in the Pricing Editor. Only price series with a matching product, material type or analyte are applicable. The final price is the average of prices in this price series during the quotation period.
    2. Configure the Quotation Period with one of the following options:
      • Fixed—Select a Start Date and End Date.
      • Predefined—Select a function with optional offsets. See Expression Editor Functions - Quotation Period Category for descriptions and examples of these functions.
      • Calculated—Enter a complex calculation with the Expression Editor. Dates and times associated with the despatch can be accessed, and an expression can combine various functions.
  7. Click Save.