Prices Update on Purchase Order Lines

To trigger a price update on a PO line, an endorsement must:

·     have an effectivity date less than or equal to the calculated run date

·     not have been used before to update the purchase order line price

The following steps then occur:

·     The endorsement unit price is converted to the purchase unit of the PO line.  If there is a difference between the endorsement converted price and the PO line unit price, the endorsement converted price becomes the PO line unit price, and the endorsement converted price becomes the PO line unit price. 

·     The total purchase amount, and, according to the taxing method, the VAT or GST and/or tax amount are changed to reflect the price change.

·     The endorsement is then flagged as “having been used” so that it is not eligible for deletion.  The endorsement will be purged from the system when the related purchase order line is purged.