Price tolerance question for Non catalog requests.
We're on R12.1.3
I have a question related to the price tolerances for the requester Change order.
Scenario:
1. Requester created a non catalog requisition #133206 in i-procurement and approved the same. PR #133206 is created for one line with 10 quantities and unit price is 100.
2. Buyer converted req #133206 to PO #123249 using autocreate and approved the same.
3. We have the price tolerance setup as 20% in Purchasing Options.[which means autocreated PO line price can't be more than 20% of req line's unit price]
4. Requester initiates the Price change for PR #133206 in i-proc and changes the price from 100 to 150 [which is more than the limit of price tolerance setup in purchasing options] and approves the same.