What is a purchasing info record?

In simple terms,a purchasing info record is a combination of key data from the material master and vendor master to accelerate the creation of purchase orders. The SAP system auto-populates data from the purchasing info record when creating a purchase order. The purchasing info record typically contains the following data: price and pricing conditions such as surcharges, taxes, freight, net price and freight; purchase order text; supplier data; and planned delivery data with associated tolerance range.