Other 3.31.14 Changes

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Financial Integration HTTPS Support

An Agiblocks Financial integration now supports HTTPS on both outgoing and incoming messages.  Please see the Agiblocks Financial API Guide for July 6, 2020 for more information.

 

Reporting & Valuation Period Behavior When Un-executing a Delivery to Sales

There was an issue in previous releases that when a Delivery to a Sales contract was un-executed, the reporting and valuation periods were set back to their original values, even if the reporting and valuation periods were in the past.   This issue has been fixed.  When un-executing the right side of a Delivery to Sales, the resulting floating asset is assigned reporting and valuation periods using the following logic:

 

Reporting period

•If period closure is being used, the reporting period is set to the current open period.
•If period closure is not being used or there is no open period, the reporting period is set based on the current date.

 

Valuation period

•This is always set to the closest non-expired period based on the current date.

 

There was no change to reporting and valuation period behavior when un-executing the left side of a Delivery; the Purchase Contract is updated with the valuation and reporting periods from the floating asset.  However if the floating asset reporting and valuation periods get updated from an un-execution of a Delivery to Sales, the Purchase Contract will get these same values as well.

 

Further Additions

•If the contract is financed (Trade finance) the bank account of the financing agreement is now shown as a default when creating an invoice.
•In Agiblocks reporting, incoming Commodity Properties and outgoing Commodity Properties are now populated with what is selected in the Delivery and not from the associated Contract delivery. This has added fields to the Logistics and Financial Reporting models.  See the Agiblocks Reporting 2.0 for 3.31.14 Guide for more information.
•Two new merge fields have been added. See the Agiblocks 3.31.14 Document Template Guide for more information.
1.A text field called TextField has been added to a logistics event.  You can see this field in the Logistics Table 2 Logistics Status table.
2.A Contract delivery period end date has been added to Contract Table 3 – Deliveries.