How Retroactive Price Updates Are Processed

Run the Initiate Retroactive Price Update scheduled process to apply price changes from a blanket purchase agreement to purchase order lines sourced from the agreement.

To run the process, from the Purchase Agreements or Purchase Orders work areas, click the Initiate Retroactive Pricing Update task. The retroactive pricing program can also be initiated upon approving the blanket purchase agreement.

Settings That Affect Retroactive Price Updates

This table lists the parameters you can set, with their descriptions, for the Initiate Retroactive Price Update process. The parameters affect how the process selects purchase order lines to update with pricing changes.

Parameter	Description
Procurement Business Unit	The BU that's responsible for and manages the purchasing transactions for the purchasing document.
Agreement Number	The specific BPA number for which you want the pricing updated. PO lines that reference the BPA are selected, subject to other settings.
Item	An item for which you want the pricing updated.
Category	A category for which you want the pricing updated.
Date From	A date to identify the purchase orders to be updated.
Communicate Updates	The communication method is determined by the supplier notification method for the supplier site. Select this check box if you want the updated releases or purchase orders communicated to the supplier.

How Retroactive Price Updates Are Processed

The process runs based on the parameters you set. It uses the following additional criteria to select eligible PO lines for a price update:

• Draft purchase orders with the following statuses are selected: Incomplete, Rejected, and Withdrawn.

• Open purchase orders, including orders which are approved and don't have a pending change order, with the following statuses are selected: Open, On Hold, Closed, Closed for Receiving, and Closed for Invoicing.

• PO lines that have the Consignment Line option set to Yes aren't updated.

• If the Reprice open orders only check box is selected, the program only considers PO lines that have no accrued receipts or invoices matched to them. If the check box isn't selected, the program considers all PO lines, including those with accrued receipts or invoices.