Director assumes you have contracted, or negotiated prices with your vendors, so the Purchase Unit price at Director is your contracted price. As invoices are processed from the Stores in your Director, any deviations from those prices are logged as Contract Price Violations. The most recently approved invoice always drives store-level Count Unit values. Director Purchase Unit Prices do not change unless you take action. Managing your Contract Price Violations allows you to Accept or Disregard the new Purchase Unit price at the Director to ensure your prices are current and accurate.
Refer to the steps below on Managing Contract Price Violations at Director Level:
Login at Director level.
Click Invoices > Contract Violations from the navigation.
Filter by Stores, Markets, or Subsidiaries, set the Period and Date, and click GO.
Review Overcharges or Undercharges grouped by Vendor or click Violations by Item to see all contract violations for your selected filters and take action.
Set the Minimum Loss field to filter out violations under a certain dollar amount. Select checkboxes to Disregard or Accept Contract Price Violations from approved Vendor Invoices.
Sync changes to stores.
Disregard vs Accept Price
Disregard = You recognize the price change at the store level(s) but don't want to update the Director-level vendor purchase unit (PU).
Accept Price = The Director-level vendor purchase unit (PU) will now reflect this new price for all stores where it is associated.