Inforecord, PO, matmas

HI GUrus,
can anybody please answer the follwoing questions for me.
1) Std and moving average prices of a mterial on the PO.
2) inforecord prices on the PO
3) what prices get pulled onto the PO? from the material master or inforecord?
4) does the price on the inforecord get updated automatically because of the inforecord update check box on the PO?
Please clarify. help is greatly appreciated
Thanks
Anusha

Hi,
Moving and standard average prices are the pricing types which have to be used for valuation of the material .These will be indicated in the material master accounting view.
Info record links a material with vendor through its price.Here in inforecrd only price will be filled.Again info record can be at plant level and purchase organisation level.Info record stores the last purchasing document , and this will get updated with info update indicator in the PO.
The prices in the PO are termed to be time independant conditions and need not be the price inicated in the material master.Price will not get defaulted material master unless there is a condition record for the combination.
when you create PO most of the times system asks for a price if there exists no info record, or ouline aggrement.If you create a aggrement with a price and create a PO with reference to that, price will get defaulted from that despite of inforecord.and no aggrement and a info record exists for the combination , prices will get defaulted.
if you have pricing procedure copled with condition records, again it will be a differrant story.
hence prices in the PO are time independant and it is depend upon the situation accordingly.
But however what ever may be the price in PO system compares with material master price and if there exists a differance , it will post to either price differrance account or to a stock account depending upon the price type.
Regards,

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