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Updating Opportunity Pricing Dates

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It's important to ensure that the pricing date on your open opportunities in PrecisionLender is up to date because this will impact the accuracy of the return. PrecisionLender uses the pricing date to set cost of funds and underlying assumptions in the ROE calculation. 

 

To Update the Pricing Date

 

In the opportunity, select either the calendar on the right side of the Pricing Date field or the fast forward arrow just to the right of the Pricing Date field to update the pricing date.

 

Pricing_Date_Full_Opportunity.PNG

 

If you select the calendar, a small calendar will appear that will allow you to select any pricing date except a future pricing date for the opportunity.

 

Pricing_Date_Full_Opportunity_Calendar.PNG

 

If you select the fast forward button, the pricing date will automatically update to the current date.

 

Once the pricing date has been selected using either the calendar or fast forward button, a confirmation dialog will appear asking you to confirm if whether or not you want to update the pricing date.

 

Pricing_Date_Full_Opportunity_Confirmation_Window.PNG

 

By selecting 'yes', the funding curve and all product assumptions will update to the data in effect as of the selected pricing date. If you've created more than one scenario, saving an updated pricing date for one scenario will update the pricing date for your other scenarios. 

 

After updating the pricing date and prior to closing the opportunity, be sure to update the closing date if needed and save the changes to your opportunity. 

 

 

 

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