The Financial Menu contains the CONTRACT section. Click on the link to move to the Contract section.

What is a Contract? 

A Contract is used to define the expected charges and rates that are in effect for a Meter and Account.

A Contract is assigned to a Meter, and a Meter is assigned to an Account. Therefore, the meter objects is critical for the application of the contract structure to the associated billing Account.

Contracts contain histories which capture the charging configuration that is applicable for a given period of time. Charges can include the cost per Unit (i.e. energy charge), Standing Charge, CCL, VAT etc. of the price per unit rates for a fixed date range. The Contract Histories should contain the configuration of charging and rates that aligns with your incoming supplier bills. These Histories must be in consecutive order to maintain an ongoing price for cost calculations.

Contract Usage (Meters) lists the Meters from the estate that are associated to the Contract and therefore subject for cost calculation from the Histories prices. 

This section has the following information:

• Contracts Overview explains what a Contract is, why it is used and explains Contract Analysis

• Creating Contracts explains how to create a Contract

  • Local Contract Tables explains the available tables

  • Updating the Contract History explains how to update and add Contract Histories (Costs)

• Managing Contracts explains how to manage a Contract once it has been created, including Viewing, Editing, Copying and Deleting

• Cost Analysis using Contracts explains how to run the Energy Analysis for Costs

• Contract Groups explains how to add, edit, delete, copy and use a Contract Group

• Contract Status allows you to view any Contracts that are being recalculated

• Exporting Contract History explains how to export the Contract History

• Importing Contract History explains how to import the Contract History using an exported file

• Currency Conversions allow you to view the available Currency Conversions

• Tax Rates allows you to view the available Tax Rates

• Blended Rate Costs explains how to view add, edit, delete, import and use Blended Rates which can then be used in Analysis