Over the life of purchasing documents prices can change. The Retroactive Price Update on Purchasing Documents concurrent program automatically updates existing blanket releases and standard purchase orders retroactively with price changes from the parent blanket agreement or global purchase agreement. Other changes can include updates to price breaks quantities, ship-to organization or location, new price breaks, and deletion of existing price breaks.
Considerations:
The Retroactive Price Update on Purchasing Documents concurrent program updates the prices of your purchase orders or releases based on the profile PO: Allow Retroactive Pricing.
It does not update the prices if your purchase orders or releases have any encumbrances associated with them.
It does not process documents associated with blanket agreement lines that are cumulatively priced.
When buyers with edit access to global agreements execute this concurrent program, it updates documents in all enabled operating units.
It only considers price updates from lines of blanket agreements that are currently in the following statuses:
Approved
Closed
Blanket releases or standard purchase orders in the following document statuses are not considered for update:
In Process
Pre-Approved
Reserved
Frozen
Finally Closed
Canceled
It updates following Oracle Purchasing documents:
Standard Purchase Orders against Global Agreements
Blanket Releases
The Retroactive Price Update on Purchasing Documents program uses your parameter values to retrieve blanket agreement lines that have undergone price changes (it ignores cumulatively priced lines) as well as the release shipments created against these lines. It then updates shipments with any new prices from the blanket agreement and update the timestamp information on release shipments with that of the blanket agreement line. For standard purchase orders against global agreements, the timestamp information is stored at the purchase order line level and is updated with that of the global agreement line. Purchasing documents that were in an approved status prior to the update can be automatically submitted for re-approval.
Prerequisites:
Set the profile option PO: Allow Retroactive Pricing of POs to Open Release Only or All Releases. See: Profile Options and Security Functions.
The PO Change Order Workflow must be configured to allow automatic re-approval of the updated releases and purchase orders. See: Workflow Processes for Approving Change Orders.
In the Submit Requests window, select Retroactive Price Update on Purchasing Documents in the Name field.
Enter or select the supplier whose pricing needs to be updated. This must be a supplier that is currently in the system.
Enter or select the supplier site.
Enter a specific blanket or contract agreement number for which you want the pricing updated.
Enter a range (from and to) of item numbers for which you want the pricing updated.
Enter a range (from and to) of categories for which you want the pricing updated.
Specify a date to identify releases or standard purchase orders to be updated. The release shipment need-by date should be on or after the specified date. If need-by date is not available, the release shipment creation date will be used.
Indicate if you want the updated releases or purchase orders communicated to the supplier. The communication method is determined by the Supplier Notification Method setting of the supplier site. See: Communicating Purchase Orders to Suppliers