Skip to Content
author's profile photo Former Member
Former Member

E Sourcing 7.0: Formula Pricing and Line Item Formula

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

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Aug 13, 2011 at 05:21 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

    Add a comment
    10|10000 characters needed characters exceeded

    • Former Member Former Member

      Hi Shobha,

      I have a similar requirement here.

      I have defined a line item formula (say F1) , the result of which I want to be associated with Current Price field.F1 is successfully validated.

      So when I redefine the formula as CurrentPrice(IncoTerm1)==F1, the system throws an error on validation - incorrect formula type. I see both the sides will give me value in Price type. It seems if I put anything in terms of ==, it throws an error

      Any insights on how to tackle the above?

      Regards,

      Tripti

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.