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Deltas Overview
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Last modified on 3/7/2018 4:35 PM by User.

Deltas Overview

Introduction to Deltas

The concept of a Delta can be summed up simply as a change that occurs at a given point in time. The “Deltas” tab in Orders>Accounting contains a table for some of the various changes which can occur during the life of an order from when it is first created until it is closed for good. Deltas are recorded by OASIS for each line in an order as well, ensuring granularity for line-level reporting as well as general order reporting. Customizable Order Listing and MOSR2 can take advantage of these data tables.

i) Orders>Accounting>Deltas tab (Showing all currently available fields)

 

Fields in the Deltas Table

Field

Description

Report Field Name

Date

Timestamp of when the change was made

Delta Date

Release Commission

Total commission based on the amount released

Delta Release Commission      

Release Overage Split           

Total split overage of the amount released

Delta Release Sell

Release Net Price

Total net price based on the amount released

Delta Release Net Price

Release Buy Price

Total buy price of the amount held

Delta Release Buy Price

Release Markup

Total amount of markup based on the amount released        

Delta Release Markup

Release Sell Price

Total sell price of the amount released

Delta Release Sell Price

Hold Commission

Total commission of the amount held

Delta Hold Commission

Hold Overage

Total overage of the amount held

Delta Hold Overage

Hold Overage Spit

Total split overage of the amount held

Delta Hold Overage Spit

Hold Net Price

Total net price of the amount held

Delta Hold Net Price

Hold Buy Price

Total buy price of the amount held

Delta Hold Buy Price

Hold Markup

Total markup of the amount held

Delta Hold Markup

Hold Sell Price

Total sell price of the amount held

Delta Hold Sell Price

 

 

The First Delta

A delta line is created when the order is created, and should reflect the orders initial values, for example the following order was just created and printed, creating a line in the delta table.

ii) New Order

 

iii) Corresponding Delta Table to figure ii

 

 

Further Deltas

After creating our initial order (with all items held in this case) we release a partial amount from each line. It is important to note that the “Deltas” table will only show the most recent change for a given day (as not to bloat the table.) Ergo, there will still only be a single line shown on the delta table, however for reporting sake both the initial delta line (figure iii) and the new line resulting from the change we made (figure v) will be recorded.

iv) Creating New Deltas

v) Corresponding Delta Table for figure iv

 

Reporting

Conceptually, reporting on Deltas is designed to allow our users the ability to track changes to orders within a variety of reference frames: showing which customers or projects release product quickly, finding commonalities in practices, ultimately increasing accuracy in predicting the course of an order, etc. OASIS strives to provide the best tools for the goals you are trying to achieve. That being said, there are several best practices for reporting Delta information.

Deltas and their respective Time-frames

It is important to note that a report containing delta fields will need to be grouped by a time-frame field designed to accompany them. This ensures flexibility in allowing the capabilities OASIS currently offers will function as expected as well as these new features. Also, Delta fields designed for grouping will frame non delta data differently, with respect to time. For example, traditional reporting fields do not change over the life of an order like Quoter, CSR, Total Sell Price, etc. Therefore, there wouldn’t generally be a need to show this data multiple times on a report because they stay the same regardless of time. Attempting to use totals on a report that contain quantities or currencies not belonging to a delta field will result in bloated totals, much like not adjusting values on splits.

vi) Bloated Totals due to Grouping by values (full)

Please also note the included “Delta Release Sell” field, because there isn’t a timeframe being grouped by, the amount will default to zero. If you notice zero values where there shouldn’t be there could be an issue with the way grouping is being done.

vii) Full Values of a Delta Field

The report above (figure vii) shows a similar problem to figure vi. The report below would report Sell and Earnings similarly, however applying adjust values zeros out Sell & Earnings (and other non-Delta Fields) as not to bloat totals as in figures vi & vii.

viii) Delta Release Sell by Delta Month (Adjust Values)

Figure viii gives an example of how one might report using deltas correctly, the idea here is to show how an order release sell progresses with time.