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Finance | Project Operations, Human Resources, ...
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Price change in the Item after partial Receipt

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Posted on by 5

Hi,

I have an issue of Change in Item Price in Purchase Order

I have placed an Order for Item A - 200 Nos at unit price of 50 each. I have received the 30 nos at the same price of 50. Now the vendor has chnaged the price from 50 to 65.

and ready to deliver the remaining qty at the latest price.

Currently we dont have the matching policy in place and while invoicing , we are amending the revised price and do the posting.

I want to know, how to amend the price in PO.

If I do the amendment , what will be the impact of the previous receipt.

kindly suggest

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Price change in the Item after partial Receipt

    Hi Sriram GS,

    I would recommend that you talk with your purchasing manager first and clarify the  issue.

    For an ordinary purchase order a price increase of 30% is very high and I am not sure whether you want to accept this or simply resend the additional items delivered and search for a different supplier.

    Best regards,

    Ludwig

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