How to change PO price, items hv been received?

[Number13]

Dear All,

I need help on urgently. I need to know how to change the PO price for items. Items have been already received but now we have to change the Price of the Items which have been already received in ERP.

We have R12 Module.

I would be really grateful if some one would help me urgently.


Thanks and Regards,

[israr]

Hello,

There is no direct function for doing this.
However the workaround for this scenario is that you have to return the received qty by transaction of return to supplier after that you will have to revise your PO and get it approved.
Hope this helps.

Regards,
Israr

[shankhaghosh123]

Suggest you to explore Retroactive Pricing feature in R12

[Frapacino]

Rather use the Correct Receipts functionality ,ensure the PO line is still open and not matched before Correcting Receipts,afterwards ask the Buyer to open the PO and change he price,.The only problem you might have is if the Requisition was created from a catalogue.
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