pay your vendor based on market price instead of purchase order price ?

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You are not getting an invoice from your vendor? I would not pay without invoice.

Hi,

Before paying to your vendor- cross check how you do invoice for your vendor PO and with respect to which price- PO price or market price?

Discuss with FI/CO team to pay your vendor with your expected price with transaction code F-53

Regards,

Biju K

Currently the Purchase order pricing condition is PB00 which is maintained at info record. But we create the PO initially with .01 value and later on when it is about to goods receive we will be having the market price. we need to update all the Purchase orders created already with the Market price and the goods receipt is done only after that. how can we update the Market price to the Purchase orders already created.?

Hi Alex,

MEKH is only used to change the gross price condition in the info record or outline agreements. To use MEKH, the prerequisite is you've to define calculation schema for determining market price and then you've to maintain condition record in the transaction MEK1 for the market price condition type MP01. When you create / change the condition MP01 using the transaction MEK1 / MEK2 with market price, new condition will be automatically created in the info record with a new validity period and the existing conditions will be closed. Please note that you need to update the market price before you create Purchase order.

BR, Rosh.