vendor info record and pricing procedure

[Former Member]

Hi,

When we create PO,

1.How the system will determine info record in that PO?

2.What is the need and role of this info record in PO?

3.What are the factors determines pricing procedure in PO?

Plz send me detailed information.

[Former Member]

1.How the system will determine info record in that PO?

Info record is an information record between Material & Vendor..

the Info record will have the combination of

Vendor, Material,Purchasing Org & Plant

If you raise any PO basing on this combination the info record will trigger automatically

2.What is the need and role of this info record in PO?

The details maintained in MMD are Valuation purpose only,

for procurement the info record is used to get the details automatically,

Like Basic Price, Discount, Purchase Value Key,Scales etc...

3.What are the factors determines pricing procedure in PO?

Price determination is based on Vendor Schema & Purchase Org Schema..

basing on the above combination Pricing procedure will be determined.

But where to pick up the price of Pricing procedure depends upon the Access Sequence.

In the access sequence we will define where to search first & next etc..

[Former Member]

When we create PO,

1.How the system will determine info record in that PO?

When you give Material, Vendor, Plant and Purch Org.

system will picks up automatically.....

2.What is the need and role of this info record in PO?

Info Record will store the Terms and Conditions, you given in

Purchase Order (Through INFO UPDATE indicaitor)

also, from that we can get last purchase order history..

3.What are the factors determines pricing procedure in PO?

You do Pricing Procdeure, with the combination of a Vendor

and Purchasing Organization.....

so, whenever a Purchasing Organization, raises PO, to a

particular vendor, the system picks up the respective Pricing

Procedure.