Receiving items with less then PO price
After we raise a PO and the po is approved and we do receiving but at the time of receiving if the price of the item is less then the PO price do we update the price in receipt and can anyone give the steps.
- Apr 5th, 2011
Hi,While receiving if Invoice received is different than PO price, Standard Purchase price variance (PPV) report can be used to report the difference. Optionally you can revise PO (it will create a new revision for PO) and get approvals before receiving it.Thanks,Jigisha