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Jun 12, 2018 at 04:35 AM

provide the percentage escalation facility for any line item in PO

230 Views Last edit Jun 14, 2018 at 02:05 PM 2 rev

We have a contract for which we need to create the PO where it is required to maintain the payment to labors for different work activities. For different activities, different labor charges are specified and the charges may be variable as notified by the government. For example: If today labor charges are 100 Rs per hour, there may be case that after 3 month government raise the 5% in labor charges changing it to 105 Rs per hour, which may be changed to 10%(with respect to initial price i.e 100 Rs) in next 3 month with effective price of 110 Rs per hour. For different activities different increment with respect to initial price may occur.

How to configure for such contract in our PO which provide facility of percentage escalation on base rate on any line item.

thanks in advance.

Hitesh