Purchase Contract Prices (tdpur3103m000)

Use this session to view, enter, and maintain purchase contract price revisions.

  • To activate the price revision, click Activate. The Active check box is selected.
  • To deactivate the price revision, click De-activate. The Active check box is cleared.
  • To recalculate the price revision's prices and discounts, click Recalculate Price/Discounts Contract Price.
Note
  • Price revisions can result from the Convert RFQs (tdpur1202m000) session.
  • You cannot delete price revisions for which the following are applicable:

    • The Active check box is selected for the price revision
    • The purchase contract line's called quantity is greater than zero
    • A purchase order or a purchase schedule is linked to the purchase contract line
  • If the Allow Zero Price check box is selected in the Purchase Contract Parameters (tdpur0100m300) session, you can specify a price of zero (0) on the price revision.
  • If the item is a configurable item, the Option Based Pricing check box is selected in the Purchase Contract Lines (tdpur3101m000) session. If this check box is selected, the item price is retrieved from the generic price list in the Generic Price Lists (tipcf4101m000) session and not from the price revision. However, discounts for the configurable item must still be specified in the purchase contract price revision.

 

Contract

Purchase contracts are used to register specific agreements with a buy-from business partner that concern the delivery of specific goods.

A contract is comprised of:

  • A purchase contract header with general business partner data, and optionally, a linked terms and conditions agreement.
  • One or more purchase contract lines with (central) price agreements, logistic agreements, and quantity information that apply to an item or price group.
  • Purchase contract line details with logistic agreements and quantity information that apply to an item or price group for a specific location (warehouse) of a multicompany corporation. Contract line details can exist only for corporate purchase contracts.
Contract Line

The line number of the contract.

Note

Only Total and Contract Line lines are displayed.

Buy-from Business Partner

The business partner from whom you order goods or services; this usually represents a supplier's sales department. The definition includes the default price and discount agreements, purchase-order defaults, delivery terms, and the related ship-from and invoice-from business partner.

Contract Line

The number of the purchase contract line

Purchase Office

A department in your organization that is responsible for buying the materials and services required by your organization. You assign number groups to the purchase office.

Item

The raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, and sold.

An item can also represent a set of items handled as one kit, or which exist in multiple product variants.

You can also define nonphysical items, which are not retained in inventory but can be used to post costs or to invoice services to customers. The examples of nonphysical items:

  • Cost items (for example, electricity)
  • Service items
  • Subcontracting services
  • List items (menus/options)
Contract Prices Line

The number that identifies the purchase contract price revision.

Effective Date

The revision's effective date date, which must fall between the effective date and the expiry date of the purchase contract line.

Note

Because revisions only have a start date, only one revision can be effective at a time.

Active

If this check box is selected, the purchase contract price revision is active.

If this check box is selected, the purchase contract price revision is inactive. You can update the price revision.

Price

The contract price for the line item.

Note

This field is disabled:

Currency

The currency in which the amounts on the purchase contract are expressed.

Purchase Price Unit

The item unit in which an item's purchase price is expressed. This unit can differ from the item's inventory unit.

Price Stage

A categorization of the price based on the phase of the price negotiation process. Using price stages, companies can negotiate the price while continuing the order process with restrictions. The order processing restrictions that apply to the price stage are specified in the linked blocking definition.

Example
Price StageTypeBlocking Definition
PS1Price stage estimatedPurchase004Block on release
PS2Price stage provisionalPurchase005Block on receipt
PS3Price stage finalPurchase--
PS5Price stage estimatedSales010Signal on order entry

 

Note

If the Price is zero and a price book is linked to the contract, the price stage linked to the price book is used, which is displayed in the Book Price Stage field.

Default value

From the response line if the contract price revision is generated using the Convert RFQs (tdpur1202m000) session.

Price Book

The price book that is used by the purchase contract price revision to retrieve prices.

If you want to link subcontracting prices to the contract, use a price book that includes prices for different subcontracting scenarios.

If you link a price book to a purchase contract price revision, the following conditions are mandatory:

  • The Used for Contracts check box must be selected for the price book in the Price Books (tdpcg0111m000) session.
  • The price book's effective date, as displayed in the Effective Date field of the Price Book Lines (tdpcg0131m000) session, must be the same as, or fall before the Effective Date in the Purchase Contract Lines (tdpur3101m000) session.
  • The price book's expiry date, as displayed in the Expiry Date field of the Price Book Lines (tdpcg0131m000) session, must be the same as, or fall after the Expiry Date in the Purchase Contract Lines (tdpur3101m000) session.

In this way, date breaks in the purchase contract price revision are determined by the contract, while the price book determines the quantity breaks.

Note

You cannot enter a price book if:

  • You specified a price in the Price field of the current session.
  • The Option Based Pricing check box is selected in the Purchase Contract Lines (tdpur3101m000) session.
Book Price

The price for the item according to the price book, increased by an upgrade price if applicable. The default price for an item is stored in the default price book.

Note

If the Material Pricing in Procurement check box is selected in the Material Price Parameters (tcmpr0100m000) session, this price can include material base prices.

Book Price Stage

The price stage for the item according to the price book.

Note

If a Price is specified, you can manually link a price stage in the Price Stage field.

Default value

From the Price Book Lines (tdpcg0131m000) session.

Selected for Retro-billing

If this check box is selected, retrobilling is initiated using this (updated) price revision when the contract is (re)activated. After contract activation, the Generate Retro-Billed Price Change Advice (tdpur3270m000) session is started. You can use this session to generate a price change advice to retrobill the invoiced purchase payable receipts of the orders and schedules that are affected by the contract price change.

Note
  • This check box is cleared after the price change advice is generated.
  • If the contract price changes are approved using ION Workflow, the Generate Retro-Billed Price Change Advice (tdpur3270m000) session is not started. Price change advice lines are generated automatically.
Currency

The currency in which the amounts are expressed.

Price

The price of the purchase contract line item.

This price is retrieved from the Price, or Book Price field.

Material Price

The total material price for the contract line item.

Note

Because a contract line cannot have material price surcharges, this field shows the total material base price.

Discount %

The single discount percentage of the item. This single discount percentage applies to the total amount.

To specify more levels of discount percentages, you can zoom to the Line Discounts (tdpcg0200m200) session. The value from the Number of Discount Levels field in the Pricing Parameters (tdpcg0100m000) session determines whether, in the Line Discounts (tdpcg0200m200) session, you can specify a maximum of five discount levels.

Note

You can only enter a discount percentage if the Discount Amount and Discount Schedule fields are empty.

Multi Level Discount

If this check box is selected, a multi-level discount is applied to the purchase contract line.

Discount Amount

The single discount amount of the item. This single discount amount applies to the total amount.

Note

You can only enter a discount amount if the Discount % and Discount Schedule fields are empty.

Discount Code

The code by which LN recognizes the discount.

In Pricing, this code is used for printing reports of discount amounts by type.

Discount Schedule

The discount schedule that is linked to the contract price revision.

If you link (a) discount schedule(s) to a purchase contract price revision, the following conditions must be met:

  • The discount schedule must be Used for Purchase Contracts.
  • The discount schedule line's effective date, as displayed in the Effective Date field of the Discount Schedules (tdpcg0121m000) session, must be the same as or fall before the Effective Date in the Purchase Contract Lines (tdpur3101m000) session.
  • The discount schedule's expiry date, as displayed in the Expiry Date field of the Discount Schedules (tdpcg0121m000) session, must be the same as, or fall after the Expiry Date in the Purchase Contract Lines (tdpur3101m000) session.

In this way, date breaks in the purchase contract price revision are determined by the contract, while the discount schedule determines the quantity breaks.

To link more discount schedules to the contract, you can zoom to the Line Discount Schedules (tdpcg0521m100) session. The value from the Number of Discount Levels field in the Pricing Parameters (tdpcg0100m000) session determines whether, in the Line Discount Schedules (tdpcg0521m100) session, you can specify a maximum of five discount schedules.

Note

If you specified a value in the Discount % or Discount Amount fields, you cannot enter a discount schedule.

You can specify discount schedules in the Discount Schedule (tdpcg0612m000) session.

Agreed Quantity

The quantity that must be delivered according to the contract agreements. The contract quantity must always be greater than zero.

Note

The agreed quantity must lie between the minimum contract quantity and the maximum contract quantity.

Quantity Unit

The unit in which the quantity is expressed.

Agreed Quantity

The quantity that must be delivered according to the contract agreements. The contract quantity must always be greater than zero.

Note

The agreed quantity must lie between the minimum contract quantity and the maximum contract quantity.

Inventory Unit

The unit of measure in which the inventory of an item is recorded, such as piece, kilogram, box of 12, or meter.

The inventory unit is also used as the base unit in measure conversions, especially for conversions that concern the order unit and the price unit on a purchase order or a sales order. These conversions always use the inventory unit as the base unit. An inventory unit therefore applies to all item types, also to item types that cannot be kept in stock.

Discount %

The percentage that you can subtract from the gross sales price or purchase price.

Discount Amount

The total discount amount of the goods recorded on the contract.

Net Amount

The total value of the goods recorded on the contract.

Determining

If this check box is selected, the selected contract line is taken into account when the total contract value is calculated in order to calculate the collective (additional) discount.

Related topics

Eligible

If this check box is selected, if a collective discount is distributed among a group of lines, the current contract line is included while distributing the collective discount over the lines.

Cumulative Price Break

If this check box is selected, the price and discounts from the price book and discount schedules are retrieved based on the contract line's total received quantity.

The purchase price/discount that is retrieved from the purchase contract price book/discount schedule at order/schedule line entry or modification, is based on the following calculation:

  • Purchase orders
    Contract called quantity + purchase order line quantity (converted to the unit of the contract line's agreed quantity)
  • Purchase schedules
    Required cumulative+ schedule line quantity. The required CUM does not include requirements with a planned receipt date that is later than the schedule line's planned receipt date.

If the Redetermine Price and Discounts at Receipt check box is selected in the Purchase Contract Lines (tdpur3101m000) session, purchase schedule line prices and/or discounts are recalculated during receipt. Therefore, when confirming the receipt (pay-on-receipt) or consuming the receipt (pay-on-use), recalculation is based on the following formula:

Previous received cumulative + actual receipt quantity
Note

You can select this check box only if you have specified a Price Book or Discount Schedule in this session.

If the purchase contract is a corporate purchase contract, a schedule line’s price is calculated based on the aggregated CUM values of all schedules that share this contract Total line.

Example

The purchase contract price book that is specified on the purchase contract price revision is defined as follows:

Break (maximum)Qty UnitPrice
10pieces30
20pieces20
30pieces10

 

The following purchase order lines are created:

Order lineOrder quantityContract called quantity (before order line is saved)Quantity for price determinationPrice (from price book)
150530
21055 + 1020
3101515 + 1010

 

Target Price

The target price retrieved for the purchase contract price.

Note
  • This field is displayed only if the Target Price check box is selected in the Procurement Parameters (tdpur0100m000) session.
  • Infor LN defaults the target price that is retrieved, when the purchase contract price revision is created.
  • If a target price cannot be determined for the purchase contract price, no value is displayed in this field.
  • This price is expressed in the Currency specified for the contract in the Purchase Contracts (tdpur3100m000) session, for each Purchase Price Unit.

Related topics

Target Price Book

The code of the target price book. Infor LN retrieves the target price for the purchase contract price from this price book.

Note
  • This field is displayed only if the Target Price check box is selected in the Procurement Parameters (tdpur0100m000) session.
  • Infor LN defaults the target price book from which the target price is retrieved, when the purchase contract price revision is created.
  • If a price book is not determined for the purchase contract price, no value is displayed in this field.
Target Price Book Line

The line number of the Target Price Book from which the target price is retrieved for the purchase contract price.

Note
  • This field is displayed only if the Target Price check box is selected in the Procurement Parameters (tdpur0100m000) session.
  • Infor LN defaults the target price book line from which the target price is retrieved, when the purchase contract price revision is created.
  • If a price book line is not determined for the purchase contract price, no value is displayed in this field.
Origin

The type of document from which the target price is retrieved.

Text

If this check box is selected, purchase contract price revision text is available.

 

Activate

Activates the purchase contract price revision. As a result, the Active check box is selected.

De-activate

De-activates the purchase contract price revision. As a result, the Active check box is cleared.