Understanding Price Adjustment Schedules

You use the JD Edwards EnterpriseOne Advanced Pricing system to create the price adjustment schedules that you add to contract blocks. You can have two types of price adjustments on the schedule; one is associated with the weigh tag receipt and one for proceed payments.

You add an adjustment schedule, associated with the weigh tag receipt, to increase or decrease the price that you pay for a product, based on predefined conditions. For example, you might have an adjustment schedule that depends on quality test results. After you receive shipment for the product and perform quality tests, your final settlement amount includes any price adjustments based on this schedule.

You add an adjustment schedule for proceed payments to enable you to pay growers based on the price that you sell the crop. After you sell the crop, you canmatch the crop receipt to an associated sales order.

You can set a default price adjustment schedule in a processing option for the Contract Workbench program (P43C00). You can change or override the price adjustment schedule on the contract block and contract harvest records.