Pricing for purchasing refers to a set of rules regulating price proposals when planned purchase order are created and purchase orders are entered.
These rules are based on the following:
The price date used is controlled through the date code from the supplier master.
If the purchase order is in a foreign currency, the price from the item master is recalculated to reflect the price in the currency of the purchase order.
Note that the price in a PO can be overridden with a price text code in the order line when the PO is printed. This code can refer to different texts. This means that a price can be specified on the order as a target price for invoice control or as a base when conducting order overviews.