Price indexation
Price indexation adjusts contract prices based on factors like inflation, market changes, or specific indices. In Planon, you can use the Index action to index contract prices. This action is available at:
• the Contracts selection level to index an entire contract. All contract lines linked to the selected contract are indexed up to and including the specified date.
• the Contract lines selection step to index individual contract lines. The selected contract line is indexed up to the specified indexation date.
You can index contract prices according to an indexation method based on a:
Before starting the indexation, please make sure that an indexation method is specified for the contract lines linked to the contracts for which you want to index prices. For more information, see
Indexing contract prices and
Contract line data fields. Indexation methods are defined in
Supporting data . For more information, see
Indexation methods.
Planon ProCenter automatically recalculates indexed prices if one of the following contract line items is changed before or on the last indexation moment:
• the amount
• the base amount for indexation
• the year or month of base amount indexation
• the indexation method
If you change the indexation method in the course of time, the indexation method you most recently selected is applied in future indexations. If you manually change an amount on an indexation moment, the amount is not indexed. Planon ProCenter saves the amount you entered manually and no indexation is performed. If you want to reverse a manual price change and get the amount indexed again, you can do this by changing the amount back to its previous value. Please refer to the following example.
Example
The amount is subjected to a monthly 10% indexation, starting from February 1st. Indexation moments: February 1st and March 1st .
| January | February | March |
|---|
| | | |
Amount | 100 | 110 | 121 |
| | | |
Case 1: Manual price change on indexation moment
Amount is manually changed to 150 on February 1st (= indexation moment). The amount is not indexed on February 1st:
| January | February | March |
|---|
| | | |
Amount | 100 | 150 | 165 |
| | | |
To undo this manual price change, change the amount back to its previous value of 100 as of February 1st. The amount will then be indexed as of February1st.
Case 2: Manual price change on a non-indexation moment
Amount is manually changed to 150 on January 10th (no indexation moment). The amount is indexed on the next indexation moment:
| January | | February | March |
|---|
| | | | |
Amount | 100 | 150 | 165 | 181,50 |
| | | | |
To undo this manual price change, change the amount back to its previous value of 100 as of January 10th.