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gt3:reports:m2m:start [03/12/2015 04:06] Ian Davidson created |
gt3:reports:m2m:start [10/06/2020 00:41] (current) Ian Davidson |
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| ====== Mark-to-Market Profit & Loss Report ====== | ====== Mark-to-Market Profit & Loss Report ====== | ||
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| + | Mark-to-Market Reporting is an accounting valuation of your current inventory, together with the values exposed by your uncompleted Purchase and Sale Contracts, based on the current fair market price. The fair market price itself is termed the Daily Market Price and is expressed as at particular Pricing Points or Ports, so to be realistic your valuation needs to take into account the notional cost of moving the product (the "Freight Differential") from its storage or delivery location to that point, should you have to do so to realise its sale. | ||
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| + | In order to generate a meaningful Mark to Market profit & loss report some preparatory work is required. You need to: | ||
| + | * [[gt3:reports:m2m:define|Define Grain Trader Pricing Points and Contract Zones]] | ||
| + | * [[gt3:reports:m2m:record|Record Daily Market Prices]] | ||
| + | * [[gt3:reports:m2m:assign|Assign Pricing Points and Zones to Contracts]] | ||
| + | * [[gt3:reports:m2m:inventory|Link Grain Trade Australia Location Differentials to your Storage Sites]] | ||
| + | * [[gt3:reports:m2m:print|Print the report]] | ||