Redwood: Recalculate the Latest Purchase Order Prices from Blanket Agreement Lines

Recalculate the latest purchase order price from the associated blanket purchase agreement line when editing the purchase order using a Redwood page as a requester, buyer, or supplier. The application reprices purchase order lines when pricing attributes such as Requested Delivery Date, Ship Date, or Quantity are modified on the line. If these attributes aren't modified, you can initiate the Recalculate Price action to automatically derive the latest purchase order price.

Recalculate Price Action on an Incomplete Purchase Order Line

Buyers, requesters, and suppliers can execute the Recalculate Price action on their respective change orders.

Recalculate Price Action on a Requester-Initiated Change Order Line

Recalculate Price Action on a Supplier-Initiated Change Order Line

Steps to enable and configure

If you haven't enabled Redwood for Purchasing, see the Getting Started with Redwood in Purchasing topic on the SCM Resource Center in Customer Connect.

Tips and considerations

• When you use the Use Order Date to Determine the Price on Purchase Orders feature, the application uses the order date to select an effective price break from which price is derived. If no active price break is there, the application derives the latest price from the blanket purchase agreement line associated with the purchase order line.
• You can't execute the Recalculate Price action for a change order line if it's marked for cancellation.
• The Recalculate Price action on the purchase order or change order lines is restricted under these conditions:
  • The change order line has already been received or invoiced.
  • The purchase order line is sourced from a blanket purchase agreement line with cumulative price breaks.
  • The purchase order line uses a Services line type.
  • The purchase order line isn't sourced from a blanket purchase agreement line.

Key resources

• For details on using order date to derive price on purchase orders, refer to the Use Order Date to Determine the Price on Purchase Orders feature, available in Oracle Fusion Cloud Procurement What's New, update 23B.

Access requirements

No specific privileges are required to execute the Recalculate Price action on purchase order or change order lines.