When setting up Levridge Commodity Accounting, one requirement is to set the General Ledger number sequences for Trace numbers and Transaction reversal to Continuous = Yes
To get the full functionality of this date effectivity, each user should have the time zone set properly so the data is reflected according to their time zone.
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 can all of the apply partners listed on the contract.
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.