JD Edwards EnterpriseOne Grower Pricing and Payments Features

Contract Creation.

Contract entry enables you to record information about your agreement with your grower. After you create a contract, you can attach one or more blocks that contain details about the plots of land. You can then attach harvests, which are associated with date ranges, to the contract blocks.

The blocks and harvests are created in the JD Edwards EnterpriseOne Grower Management system and attached to contracts in the Grower Pricing and Payments system.

Contract maintenance.

After you create a contract, you can create a copy of the contract and modify certain information to streamline the data entry process. You can change or update specific information, such as the effective dates, price type, and payment schedule. You can also add a contract block to the existing blocks on a contract or add an amendment to the contract to provide an audit trail for a change made to the contract.

The system enables you to renew, extend, or terminate contracts and blocks.

Contract reporting.

You can review your contract terms and conditions using the contract summary and detail reports. You can track action items using the action date listing report.

Payment terms.

You can set up payment terms to define the due date rules for contract payments.

Assessments and donations.

You can set up standard assessments and donations for commonly used cost adjustments.

Clauses.

You can standardize messages that describe the conditions and provisions of contracts.

Advance payments.

You might have an agreement with a grower specifying that you issue advance payments before any interim and final payments. The system tracks all advance payments and subtract them during the final settlement process.

Price reviews.

The settlement review process often involves multiple steps. You might have one person conduct an internal review of the harvest receipts, potentially waiving penalties, or adding or subtracting adjustments. Another person may conduct the final settlement review and review transactions against the contract, such as receipts, penalties, assessments, and deductions.

Interim payments.

Your contract with your grower may include payments for receipt of the product throughout the harvest cycle. Interim payments enable you to review receipts and apply adjustments before you generate a voucher for partial contract payments.

Proceed payments.

Your contract with your grower may include proceed payments because of fluctuating market prices. Pay on proceeds is a process which enables you to pay growers based on the price that you sell the crop. You can match the crop receipt to an associated sales order.

Final settlements.

You can review the transactions, such as receipts, penalties, assessments, and deductions, that were applied to the contract and make final changes to the contract. The final step is to generate your voucher for the final harvest payment.

Settlement reports.

Throughout the harvest cycle, you can produce reports that show payments that are due, payments that are coming due, and payments issued thus far to a specific contract or grower.