Mark-to-Market Multiple Commodities and Flat Pricing

The latest Levridge 2025 release 2 update allows users to include multiple commodities on a single price schedule, streamlining the process and reducing manual effort. Previously, each commodity required its own schedule, but now, businesses can manage diverse products together, improving efficiency and oversight.

A key innovation is the new flat pricing setup screen, found under risk management. You use this feature for commodities that cannot use board and basis pricing. Users can set an effective date for each pricing record, ensuring that prices are current and relevant as contracts roll over month to month.

Flexible Pricing Across Branches and Market Zones

Levridge Commodity Accounting enables granular control over pricing by allowing users to set prices at the branch level, market zone, and even differentiate between purchase and sale contracts. If you do not specify a branch, you can apply the pricing universally across all branches, which provides flexibility for organizations with varied operational structures.

When entering flat pricing, users select the commodity and can assign pricing to specific branches or leave it open for broader application. First, the system checks for branch-specific pricing; if it doesn’t find any, it defaults to the general pricing setup. Therefore, this hierarchy ensures that the most relevant price is always applied.

Streamlined Price Schedule Initialization

The initialization process for price schedules automatically searches for purchase contracts, sales contracts, and trades, matching them with the correct commodity, market zone, subzone, branch, ticker, delivery, and type. The addition of a commodity column to the pricing lines makes it easy to identify which prices apply to which products.

For commodities using board and basis pricing, the system continues to assign prices as before. With flat pricing, you set up the system to automatically fill in all relevant lines, which reduces manual input and potential errors.

Improved Mark-to-Market Reporting

The mark-to-market reporting interface has been upgraded to a list view, displaying all commodities and their respective sections—purchase, sales, inventory—with totals by component and overall. Users can now query and analyze data by commodity and branch, gaining deeper insights into pricing performance and risk exposure.

Additional Resources

Accompanying YouTube video

For more information on Commodity Accounting, visit Commodity Accounting Solution.