Using Advance Pricing in Oracle Purchasing

 

PURCHASING PRICE LIST AND PO PROCESS

 

·       Create item and make sure it has no list price

·       Create Contract Purchase Order and approve it

·      Now link the item to the Approved Supplier List

·       Then click on attributes and select the type of PO created earlier

·       Now define the Sourcing Rule

·       Assign your Item with the Sourcing rule

·       Check the PO responsibility is setup with this Profile Option or not

·       MRP: Default Sourcing Assignment Set

·       Now  Create a Price List for Purchasing

·       Go to -> Purchasing Responsibility -> Advance Pricing -> Price Lists -> Price List setup

·       Define your Price List

·       Give your item and price to it

 

·       Now create a Standard Purchase Order with the same Supplier

·       Now in line level give your Item, price should be 0

·       Now go to the Reference Document and link your CPA

·       Then price will come automatically

·       Now we can see the same Price that we had given in the PO Price List

·       Save the PO and Approve