Use the Exceeded Price Tolerances window to accept or reject price increases to blanket purchase agreements and catalog quotations sent by your supplier through the Purchasing Documents Open Interface.
This window displays price increases only to blanket purchase agreements and catalog quotations received through the Purchasing Documents Open Interface and only if you define a Price Update Tolerance at one of four levels. See: Setting a Price Tolerance in a Price/Sales Catalog Update.
Purchasing performs the price update tolerance check against the price on the current revision of the document. The price tolerance check is performed only on updated blanket purchase agreements and catalog quotations and only on line price increases (not price breaks).
To accept or reject price increases:
Navigate to the Exceeded Price Tolerances window.
This window is available in the Purchasing menu. You can also navigate to this window from the notification. The price increase notification is titled Price tolerance exceeded during BLANKET update or Price tolerance exceeded during QUOTATION update. Select the notification, and then choose the document icon to open the Exceeded Price Tolerances window.
You receive a notification for each affected document.
The updated document's header information is displayed at the top of the Exceeded Price Tolerances window. Its lines whose price updates exceeded the price tolerance are displayed below. You cannot change the price here, but simply accept or reject it.
Document Status: Approval Status of Approved or Incomplete entered in the Parameters window when importing the price/sales catalog, for your reference. You cannot change this field.
Rev - Item revision number.
Current Price: The current price of the item in Purchasing, on the blanket purchase agreement or quotation.
New Price: The updated price in the price/sales catalog submission. This price has exceeded your price tolerance.
Increase (%): Percentage by which the price of the item was exceeded over the price on the current blanket purchase agreement or quotation in Purchasing.
Tolerance (%): The price tolerance that is set in Purchasing for this item.
Price Increase: The difference between the current price on the blanket purchase agreement or quotation in Purchasing and the updated price in the price/sales catalog submission.
Choose Price Breaks to view price break changes, if any.
The Price Breaks window is a view-only window.
In the Action column of the Exceeded Price Tolerances window, choose Accept or Reject to accept or reject each price update. Or choose Accept All or Reject All to accept or reject all price updates.
Accept: The price update to the document line is accepted.
Reject: The price is not updated on the document. Any other changes to the line-to the item Description, UOM, Expiration Date, or URL descriptive flexfield-have already been made. Only the price update is not made. If you've customized the price/sales catalog workflow, you can enable the Reject action to send the supplier a notification that the price update for this item has been rejected. See: Price/Sales Catalog Notification Workflow.
Note: The revision of the document is not updated until you accept all line updates (if the profile option PO: Archive Catalog on Approval is set to Yes).
Attention: Depending on how the function security is set for your user responsibility, you may not have access to the Action field. (With function security, a system administrator can limit people's access to this function to view-only.)