There are several posting accounts needed for commodity accounting when processing inbound and outbound tickets and settlements. This blog outlines each place posting accounts are needed and when they will be used.
Business Events are a way Dynamics 365 Finance and Operations (D365) can communicate with external systems. Levridge created our own business events in D365 to create XML files following the AgXML framework.
Purchase advances can be created in Levridge using the following steps. Under the Commodity accounting module create a purchase contract and apply scale tickets to the contract.
Levridge has support for seal numbers on scale tickets and on sales orders for packaged products. On all scale tickets, seal numbers can be added by clicking the Seal numbers button on the scale ticket form.
The logic for validating the ticket lies within Levridge and is usually communicated to the user via an Info log message. When Levridge Exchange attempts to push data to Levridge via an OData data entity and entity validation fails, the OData framework in FinOps generates an exception populated with the Info log messages for that entity.
The first part of the mark to market process is to create the Market Price Entry. This will be the lines that will determine the market board and basis prices to be used in the mark to market calculations. When creating the new market price entry you can give it a unique schedule ID along with a description.
In release 2022 R2, Levridge has added support for purchase contract apply partners. Purchase contract apply partners are other growers allowed to deliver against purchase contracts so not only can the grower listed on the contract deliver against that contract, so...
Purchase advances allow you to prepay on a purchase contract for commodity deliveries. In Levridge, you can create as many advances as you need or want, and you are not restricted on how much you can advance.
In Levridge, lien holders can be automatically paid during the settlement process. The first step in getting lien holders paid is to set them up on grower accounts.
At Levridge, as an ISV, we have our own custom modules with custom reports. Stock D365 Finance and Operations modules like Accounts Receivable, Accounts Payable, and a few others have Print Management Settings. These are settings that apply to those defined reports...
Read the high-level overview below or read the full guide here: Perpetual Inventory and Commodity Accounting Grain processors may want to track the cost of grain inventory though the commodity into the manufactured good. As such, they will account for the cost...
In the 2022 R1 Levridge release there is a new feature enabling the consumption of sales commodity contracts from sales orders.