Understanding Price Approvals
You can automatically notify people within the organization when a price is changing. This notification requires the recipient to review and approve or reject changed prices. The prices are created as pending and are not used to price orders until the approval process is complete. Price approvals are routed through JD Edwards EnterpriseOne Workflow Management.
These prices are routed through the price approval process:
Base prices (for sales)
Adjustment details
Price variables
Price formulas
Rebate thresholds
Price approvals are intended for use with sales-based pricing and schedules and are unavailable within supplier pricing in JD Edwards EnterpriseOne Procurement. When prices are approved, they are made available to the order entry programs to use on subsequent orders. When prices are rejected, the prices are withheld from use on any orders.
The process must be activated within Pricing Constants and is applied system wide.