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Understanding Price In Purchasing Documents (Doc ID 839770.1)

Last updated on AUGUST 24, 2021

Applies to:

Oracle Purchasing - Version 11.5.10 to 12.0.6 [Release 11.5 to 12]
Information in this document applies to any platform.
Information in this document applies to any platform.

Purpose

The main intention of this document is to providing an understanding of the price used on purchasing documents.

Scope

This is a consultative document for application users, consultants and support engineers to understand the price in purchasing documents used by Oracle Applications. A basic understanding of the Purchasing product and the functional flow is necessary to proceed with this document.

Details

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In this Document
Purpose
Scope
Details
 The Business Scenario
 Oracle Procurement Application's Price Defaulting Features
  Frequently Asked Questions
 1. Why is it that the modified price of a requisition line is not seen in purchase orders, when a quotation is referenced on the requisition and hence in turn on the PO?  
 2. The business situation demands POs be automatically created in approved status when the requisition is approved. Now when the requisition is sent for approval and the approver can change the price, the automatically created PO ( Using CreatePO workflow or Create release for creating releases) will have the source document price instead of the approver changed price.  Isn't this the wrong functionality?
References

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