Change Price Document

For situations when it is necessary to reflect in the accounting the change in the sales price after the shipment of items (performance of work, services), the functionality for creating the Change Price Document has been developed.

This functionality creates a sales invoice or a sales credit memo for item expenses for the amount of the difference between the old and new prices.

Make sure that all necessary settings are in place before creating the Change Price Document. To do it:

1. Choose the icon, enter Sales & Receivables Setup, and then choose the related link.
2. On the Other tab, select the value for the Revaluation Item Charge No. field.

To create a Change Price Document, go to the Sales Invoices or Sales Credit Memos list page. To do it:

1. Choose the icon, enter Sales Invoices or Sales Credit Memos, and then choose the related link.
2. Click Actions => Invoice => Create Change Price Document.
3. When prompted, select the necessary filters by Customer, posting date, invoices, etc.
4. The Revaluation Buffer page opens with the item lines from the invoices according to the specified filters.
5. 5. Select one or more lines and click the Suggest New Price button. A window will open with the available types of discounts, namely:
   • Amount – the specified amount will be distributed over the amounts of the selected lines to form a new price of the product;
   • Percentage – the specified percentage will be applied to the amount of the selected line;
   • Const – the specified value will be added to the new price.
6. You can reset your changes. To do this, select the required line and click Reset Price.
7. After making all the changes, click OK. The system will automatically create a Sales Invoice for the revaluation amount if the price has decreased and a Sales Credit Memo for the revaluation amount if the price has increased. In the lines of the created documents, the item charge will be configured in the Sales Module Settings. Also, for the created documents, there will be the Change Price Document attribute reflected by the corresponding field on the document.

For documents with the Change Price Document attribute, an Adjustment Calculation with the Price Change adjustment reason code is created.