Pricing in Procurement
This section discusses:
Matrix item.
Price matrix.
Minimum or maximum price adjustment.
Pricing on quality attributes.
Manual purchase price override.
Pricing at receipts.
Repricing for procurement.
Because pricing is probably one of the most complex aspects of the business, planning, setting up, and maintaining pricing information might take a considerable amount of time. When you enter a purchase order, the system retrieves the unit cost for the item based on characteristics, such as the branch/plant, the supplier, and the quantity. Before the system processes any type of advanced price adjustment to the purchase order, it must first retrieve the unit cost. Depending on the purchase price level for the item, the system retrieves the unit cost from either the Supplier Price/Catalog File table (F41061) or the Item Cost File table (F4105). After the system retrieves the unit cost, it verifies that Oracle's JD Edwards EnterpriseOne Advanced Pricing is active. If Advanced Pricing for Procurement is active, the system bypasses standard price adjustments and searches for applicable schedules and adjustments in JD Edwards EnterpriseOne Advanced Pricing.
JD Edwards EnterpriseOne Advanced Pricing provides flexibility when defining pricing. Setting up advanced pricing for procurement enables you to price items by using an advanced pricing structure and to streamline pricing setup and maintenance. You can easily adjust prices for each purchase order; and then combine the adjustments into a pricing structure or schedule.