Adoption of a Formula
Feature, Formula based Condition in PO and Contract is available from SAP SRM 713 SP11. Adoption of a Formula is an enhancement of this feature.
This feature allows users to update the factors, value of the factors and the formula associated with a purchase order or a contract. The options that are maintained appear under the
Adopt Formula button under a purchase order or a contract.
The button Adopt Formula will appear in Edit mode of the document.
User can define actions to adopt a Formula. The default actions that are provided are Assign, Adjust and Update.
Assign - allows to assign a formula to PO or Contract.
Update Formula Fields - Applies the changes in the fields associated with a formula
Adopt - Incorporates changes made to an existing formula
Actions can be defined under
SRM Server-> Cross-Application Basic Settings->Pricing-> Define Actions for Adoption of a Formula.
For details related to Formula based Condition in PO and Contract refer: Formula based Conditions for Purchase Order and Central Contract
For complete details about SAP SRM 7.03 refer: SAP SRM 7.03