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Volume Adjustment Associations |
  
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Volume Adjustment Associations |
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The is the tab where volume adjustment formulas are associated to a contract meter/well. These formulas associations are applied against volumes that are either received on the meter/well (for purchases or transport receipts) or delivered (for sales or transport deliveries). These volume adjustments refer to items like fuel, PVR, etc. A meter/well can be setup to have different volume adjustment formulas over time (date effectiveness). A meter/well is able to utilize the full capabilities of EnergySteward.com volume adjustment formulas (volume tiers, floors, ceilings, etc.). These volume adjustment formulas can be assigned (if already setup on the contract) directly from this screen OR they can be associated to the various meters/wells from the contract volume adjustment formula setup screens. Important note: When you modify these meter/well volume adjustment formula associations then the underlying deals which reference this contract are automatically synchronized.
Add Volume Adjustment Association (button) - Click this button to add a new association of this contract meter/well to an existing volume adjustment formula on the contract.
View/Edit Grid Button (pencil) - Click this next to the applicable volume adjustment formula association in order to change any of the information relevant to the contract meter/well to volume adjustment formula relationship.
Delete Grid Button (red x) - Click this next to the applicable volume adjustment formula that you want to permanently delete. When you delete a volume adjustment formula association, then all information relevant to that contract volume adjustment formula relationship will be permanently deleted. You might want to consider utilizing the from and thru effective date capabilities in order to preserve contract level historical information related to this volume adjustment relationship. Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.
The following shows the meter/well to volume adjustment formula detail which you are presented with when adding or updating an contract volume adjustment formula association.
Volume Adjustment Formula (drop down list box) - This is a required field and represents the volume adjustment formula (from this contract) which you want to assign to the meter/well. These volume adjustment formulas can be setup by going to the contract volume adjustment formula screen(s). Many meters/wells can share the same contract volume adjustment formulas.
Effective From (popup calendar) - This is a required field. It will default to '01/01/1800'. This should be left at the default value unless date effectiveness for this volume adjustment formula association is important.
Effective Thru (popup calendar) - This is a required field. It will default to '12/31/3000'. This should be left at the default value unless date effectiveness for this volume adjustment formula association is important.