Select the Add new record button from the Commodity Master data screen to add a new record.
![Extraproduct_text](extraproduct_text_zoom72.png)
1. | Select a Commodity group from the drop down list. |
2. | Enter a name for the commodity. |
3. | Tick to select whether the commodity is traded on a differential basis (premium/discount) or on a ratio basis (mainly cocoa-products). Ticking this box will show the "Premium or discount" entry field on To be fixed contract delivery line entry. |
![premium_entry](premium_entry_zoom100.png)
4. | If this is a preferred or often used commodity, tick the Preferred box to put the commodity name at the top of drop down menus. |
5. | Tick Liquid if a fluid commodity will be further defined using commodity elements. |
6. | Enter any default text to be displayed in the Extra product text field on a new contract. (Leaving the field blank in Master data simply shows a blank Extra product text field on a new contract. ) |
Save the record by selecting the Save button. If this is an update, select-on the Update button. This commits the information and creates a new commodity record.
Editing a Commodity
In the Commodities screen, select the Edit button at the right of the commodity name.
![Commodity edit](hmfile_hash_1b70917b.png)
This will open the Commodity edit area above the commodity name in the list.
![CommodityEditScreen](commodityeditscreen_zoom70.png)
Make any changes to the information and select the Save button to save the changes. Select Cancel to discard any edits.
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