Entering Purchase Order Price Reference Information
Use the Price Reference alternative region in the Purchase Orders window to enter pricing information for purchase order lines.
To enter price reference information:
3. Enter the latest Market Price for the item. If you enter an item, Purchasing displays the market price for the item. Use this field to help evaluate your buyers. Purchasing uses the price you enter here in the savings analysis reports if you do not provide a value in the List Price field.
5. For planned purchase orders and blanket purchase agreements only, check Allow Price Override to indicate that the release price can be greater than the price on the purchase agreement line. If you allow a price override, the release price cannot exceed the Price Limit specified on the line. If you do not allow a price override, the release price cannot exceed the Unit Price. You cannot enter this field if the line type is amount based.
6. If you allow price override, enter the Price Limit. This is the maximum price per item you allow for the item on this agreement line.
7. Select Negotiated to indicate that the purchase price is negotiated. If the actual price is greater than or equal to the list price, then the field is unchecked as the default. If the actual price is less than the list price, then the field is checked as the default. You can accept the default value or change it.
See Also
Supplier Item Catalog Overview
Entering Currency Information
Entering Purchase Order Details Information
Entering Purchase Order Shipments
Entering Purchase Agreement Price Break Information
Submitting a Document for Approval.
Entering Purchase Order Notification Controls
Entering and Viewing Purchase Order Acceptances
Viewing Action History
Entering Purchase Order Preferences
