Paid

Invoice

From:

1207 Sycamore St.
Ashland, KY 41101

Tax ID: 47-3917946

george@saintgeorgedesign.com

Invoice Number INV-183000360
Invoice Date April 25, 2024
Due Date April 25, 2024
Total Due $7,500.00
To:
LONE STAR COMMODITIES

5021 122ND STREET, SUITE 300
LUBBOCK, TX 79423

https://AmericanFeedExchange.com

Programming Hours Detail for the Following Client requested changes:

  1. Removing the Email/Messages Icon - YES, please remove but ensure that the Notifications Icon remains and works
  2. QB Sync: We only need the Company Name & Address on the QB Invoice (obviously, the contract #; commodity, and weight quantity remain as well as the commission rate and total)
    1. Please review QB Contract #5306
      1. This Invoice was Emailed to glouli@twc.com - this is CORRECT
      2. The Invoice listed Lone Star Commodities as the ‘Bill To’ - This is INCORRECT - It should have bee GeoStore
      3. GeoStore is the one that listed this product and sold it to Lone Star - the SELLER pays the Commission - you have it the other way around!
  3. Client Names Appearing: Remove the Client Name on all Pending Offers/Bids; if you remove that, will the system show the Client Name once a contract is complete? We need that info once everything is agreed to, but we need to hide this info until the contract is complete
  4. Commodity Notification: 2 Errors:
    1. On the Bids, the Email subject line is Correct BUT it says Offer in the Body
    2. It should say: A Group Member has Listed a Bid (for Bids)
    3.  -or- A Group Member has Listed an Offer (for Offers)
  5. Client as a User: OK, let’s make Clients users BUT . . .
    1. The Clients will be set up Exactly the same way as Agents except only the Agents can access them and trade on their behalf
      1. Clients cannot make any trades on their own, only via their Agent - Client has no access
    2. To add clients, that has to be done by the Agent similar to what is being done now
      1. We really like the current setup, please try and use the same functionality/look inside the Agents Dashboard
    3. The Client cannot do any trades on their own, cannot login to their account - only the Agent has access to this (and Admins)
    4. Clients have NO login - they cannot us the site on their own
    5. Client Emails will be handled similar to what is currently happening, they get Emails ‘If’ the Agent selects the Email button
      1. Emails must be a required field during setup, regardless of wether they get a Contract Email or not
      2. EXCEPTION: ‘IF’ the Agent Sells something on behalf of their Client, then the Client would get the QB Invoice (Commission)
    6. The Client will be assigned as a ‘Client’ similar to what you did for ‘Agents’ and will be activated by the Admin in the Users section - so add another check box, this one says Clients
    7. Switch User Functionality - I think I answered this above, there needs to be a check box that lets the Admin select if this is a Client
    8. Required Client SignUp Fields:
      1. Client Name
      2. Client Company
      3. Client Address
      4. Client Email
      5. Client Phone Number
    9. This is in the Vendor Dashboard when Adding/Listing a Product for Sale . . .
      Under modes when bushels or tons are selected the commissions work perfectly and do not need to change anything because everything is based on the per unit.
      When Truck or Rail Car is selected, this is where we will need to make some modifications, here are a few examples;

      TRUCKS
      Example A:
      1 truck load of corn weighs 50,000 pounds.
      If this is divided out by tons(2,000 pounds per ton) that equals 25 tons.
      So 1(quantity) truck of corn by the ton(25 tons) x rate per ton ($1/ton) equals $25 in commissions.
      This is CORRECT and working as it was designed.

      Example B:
      1 truck load of corn weighs 50,000 pounds.
      If this is divided out by bushels(56 pounds per bushel) that equals 892 bushels.
      So 1(quantity) truck of corn by the bushel (892 bushels) x rate per bushel ($.01/bushel) equals $8.92 in commissions.
      So the difference in 1 truck load of corn weighing 50,000 pounds in tons versus bushels is $16.08 of commission per truck. If 100 trucks were traded that difference would be $1,608.

      RAIL CARS
      Example A:
      1 rail car of corn weighs 200,000 pounds.
      If this is divided out by tons(2,000 pounds per ton) that equals 100 tons.
      So 1(quantity) rail car of corn by the ton(100 tons) x rate per ton ($1/ton) equals $100 in commissions.
      This is CORRECT and working as it was designed.

      Example B:
      1 rail car of corn weighs 200,000 pounds.
      If this is divided out by bushels(56 pounds per bushel) that equals 3,571 bushels.
      So 1(quantity) rail car of corn by the bushel(3,571 bushels) x rate per bushel ($.01/bushel) equals $35.71 in commissions.
      So the difference in 1 rail car of corn weighing 200,000 pounds in tons versus bushels is $64.29 of commission per rail car. If 100 rail cars were traded that difference would be $6,429.

      We noticed that a lot of users will trade in bushels by the truck or rail car as that is the way they are used to trading; we will have to add 1 more part to the equation of calculating commissions.
      Currently the equation goes like this:
      Rate per Unit x Quantity. – Which works perfectly when selecting bushels or tons.

      New equation for trucks and rail cars only will be this:
      When a Vendor Selects TRUCKS or RAILCARS - then that triggers a conditional where another field appears; 
      1) The New box would read: 'Approximate Units Per Mode’ and have an empty box that is filled in with the Approximate Units Per Mode AND then 2 Check Boxes - Bushels OR Tons (they must select one of the 2
      2) If they select Bushels, then the number placed in the Approximate Units Per Mode Box is the Number used to calculate Commissions based on the BUSHEL rate ($0.01)
      3) If they select Tons, then the number placed in the Approximate Units Per Mode Box is the Number used to calculate Commissions based on the TONS rate ($1.00)
Hrs/Qty Service Rate/PriceAdjustSub Total
80 Custom programming and site fixes - see above for details

There may be additional charges for the Client as a User change which will be applied to the May Invoice; will review at that time

$75.000%$6,000.00
1 AFE Project Management, Website & APP Maintenance Fee for April 2024 $1,500.000.00%$1,500.00
Sub Total $7,500.00
Tax $0.00
Total Due $7,500.00