Hi
I am currently working on e sourcing 7.0. Here there are new features provided in Rfx->Line Item setup called Formula Prcing and Line Item Formula
I was trying to use Line Item Formula feature to provide pricing formula for line items.I chose pricing structure as Formula Prcing and tried to advance the phase of Rfx, System gave an error that I need to create unit price formula if I choose Formula Pricing.But once I create unit price formula it makes the Line Item Formula redundant.
Moreover the problem with unit price formula is Unit Price field is only available with Line Item Formula.It doesnot allow me to create an effective unit price formula beacuse of limitations of field at exposure.
Has anybody used this feature? Kindly help me understand
Regards
Shobha
Edited by: Shobha M Narayanaswamy on Aug 12, 2011 11:02 AM
Hello SHobha,
you can use as many line item formulas within a RFx as you like (assuming that 'Enable Formulas' is checked at the Rfx doc type) independent of the pricing structure. In case you select the structure 'Formula Pricing' you have to create a (RFx) Bid Unit Price Formula, in case you have multiple line item groups you could also create several formulas and assign which one which be used for which item group at the line item setup. Please note that with Formula pricing you are restricted to a single Incoterm (might be not a big deal).
There is also a weblog about formula pricing at /people/mahesh.jeswani/blog/2010/09/21/complex-pricing-using-formula-based-pricing-in-rfx-or-auction-in-sap-sourcing
best regards
Markus
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