Question

About Purchase Invoice Price Difference

  • 19 March 2020
  • 2 replies
  • 638 views

Userlevel 5
Badge +14
  • Hero (Customer)
  • 275 replies

Hi,

 

How can we invoice for the price difference to purchase invoice? Does anybody know?


2 replies

Userlevel 6
Badge +14

Hi-

 

Which version are you in?  Which screen are you using to match invoices?

Userlevel 7
Badge +17

Hi,

I believe you are referring to differences between purchase order price and the invoice price.

Not quiet sure whether the question is about how to invoice with a price difference or how the price difference is handled in IFS.

 

  1. How to invoice with price difference..

 

when matching the receipt lines you can change the price as follows..

 

 

 

How the prince difference is handled ..

 

It depends on how the inventory part is created.. Generally the price difference between PO and the invoice will be posted as variances.

  1. Price differences will be posted to the M19 or M20 depending the variance.

 

  1. However, if the inventory part is created to consider the invoice price to inventory valuation . Variance will be adjusted to the inventory value.

For this kind of inventory parts, the variance will be reflated in the inventory value. (Invoice price will be the inventory value)

 

Hope this explains.

 

Best Regards,

Shehan Almeida.

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