Incorrect Purchase Order Price

[Former Member]

If a purchase order is entered with an incorrect price and then receipted, what is the standard process to correct this?

[Former Member]

Hi,

The standard process for the PO after made receipt and also invoice booked are as follows.

- First reverse (cancel) the booked invoice and then receipt of material document canceled. Now, the purchase order line item is open and then correct the new price .

Hope, it is useful for you,

Regards,

K.Rajendran

[raviraj_sharma]

The best way is to reverse the GRN and then change the PO price and repost GRN.

If for some reason cancellation isnt possible, you have to make changes at MIRO level