IFRS-15 - Realization Change in Position, Mark to Market and P&L insight

Prior to this release, Agiblocks would consider an asset realized when the delivery to a buyer had taken place and both involved contracts were priced. As of this release, Agiblocks will consider assets realized as soon as he delivery to a buyer has taken place, irrespective whether the pricing has completed. As a result, in screens such as P&L Insight and Realized P&L, the P&L will continue to change along with daily market prices, until the price is finalized.

Important Note: The 3.26 release upgrades “delivered unpriced” deliveries automatically. So, they will be “realized” and accruals will be produced during the upgrade.