Difference of P2P flow if PO type is BLANKET?
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- Location: India
Difference of P2P flow if PO type is BLANKET?
Is there any difference of P2P flow if PO type is BLANKET. Can please some one tell if it's there
Hi srinivas
The P2P flow different if the PO is blanket because the PO blanket is an agreement with the supplier to fix the item price during specific period then release according to your need with this agreement.
So P2P flow for the blanket PO will not complete to AP cycle, it will be stopped in PO until you release.
Thanks
Hisham
The P2P flow different if the PO is blanket because the PO blanket is an agreement with the supplier to fix the item price during specific period then release according to your need with this agreement.
So P2P flow for the blanket PO will not complete to AP cycle, it will be stopped in PO until you release.
Thanks
Hisham
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- Posts: 5
- Joined: Tue Feb 08, 2011 8:32 am
- Location: India
[quote]Hi srinivas
The P2P flow different if the PO is blanket because the PO blanket is an agreement with the supplier to fix the item price during specific period then release according to your need with this agreement.
So P2P flow for the blanket PO will not complete to AP cycle, it will be stopped in PO until you release.
Thanks
Hisham
<i><div align="right">Originally posted by hiszaki
The P2P flow different if the PO is blanket because the PO blanket is an agreement with the supplier to fix the item price during specific period then release according to your need with this agreement.
So P2P flow for the blanket PO will not complete to AP cycle, it will be stopped in PO until you release.
Thanks
Hisham
<i><div align="right">Originally posted by hiszaki
Hi srinivas
Sorry for late
I don't have any document related to blanket PO cycle but you can mention this cycle when you explain the standard cycle because in the end PO release from blanket will match with AP invoice.
Only different will be the PO type, standard PO can be received in the inventory & matched with PO - blanket PO will released then this release will received in the inventory & matched with AP.
Thanks
Hisham
Sorry for late
I don't have any document related to blanket PO cycle but you can mention this cycle when you explain the standard cycle because in the end PO release from blanket will match with AP invoice.
Only different will be the PO type, standard PO can be received in the inventory & matched with PO - blanket PO will released then this release will received in the inventory & matched with AP.
Thanks
Hisham
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