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Price Change in the PO after Partial Receipt

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Posted on by GS Sriram 25

HI,

I have the following scenario

I placed an order to a vendor for Item A for 15 nos.

The unit Price was INR100

I have received the 30 nos against the order.

Now the vendor has amended the Price from INR 100 to INR 120

I want to receive the balance 20 nos at the amended price of INR 120.

How to proceed

If we amend the PO, what will be impact of the earlier receipt.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Price Change in the PO after Partial Receipt

    Hi Sriram GS,

    Another option is to adjust the previously recorded receipt transaction.

    You can do that in the inventory and closing workspace by posting an adjustment to the previously recorded price.

    Simply select adjustment transactions, then identify the item and transaction posted and record the corrected amount.

    Best regards,

    Ludwig

  • GS Sriram Profile Picture
    GS Sriram 25 on at
    RE: Price Change in the PO after Partial Receipt

    HI Ludwig,

    Thanks

    This the procedure we follow.

    I want to know , is there any other process available.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Price Change in the PO after Partial Receipt

    Hi Sriram GS,

    Many thanks for the update.

    After you amend the price from 100 to 120 you should re-confirm the purchase order and once that is done you should be able to post the other receipts and the related invoices.

    Best regards,

    Ludwig

  • GS Sriram Profile Picture
    GS Sriram 25 on at
    RE: Price Change in the PO after Partial Receipt

    Hi,

    We don't use the matching policy.

    The practice followed is, we amend the Price at the at the invoice stage and do the posting.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Price Change in the PO after Partial Receipt

    Hi Sriram GS,

    I see.

    Is it ok for your purchasing manager / department to accept a 20% higher price?

    That's a lot.

    Do you use a 2- or 3-way matching policy?

    Best regards,

    Ludwig

  • GS Sriram Profile Picture
    GS Sriram 25 on at
    RE: Price Change in the PO after Partial Receipt

    HI Ludwig,

    The issue is same. can you suggest.

    Moreover the numbers indicated are not actual, just for understanding

    Regards

    Sriram GS

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Price Change in the PO after Partial Receipt

    Hi,

    Are these related issues?

    community.dynamics.com/.../price-change-in-the-item-after-partial-receipt

    Best regards,

    Ludwig

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