You create a planned purchase order when you want to establish a long term agreement with a single source supplier with a commitment to buy goods or services. Planned purchase orders include tentative delivery schedules and accounting distributions. You then create scheduled releases against the planned purchase order to actually order the goods or services.
·
A
planned purchase order is a type of purchase order you issue before you order
actual delivery of goods and services for specific dates and locations. You
normally enter a planned purchase order to specify goods you want to order and
tentatively schedule delivery of the goods. You later enter a shipment release
against the planned purchase order when you actually want to order the goods.
·
A
scheduled release is issued against a planned purchase order to place the
actual order. You can also change the accounting distributions on each release
and the system will reverse the encumbrance for the planned purchase order and
create a new encumbrance for the release.
Planned and standard purchase
orders are the same in overall document content with two exceptions.
·
You
cannot associate a contract with a planned purchase order line.
·
You
can specify agreement controls for planned purchase orders.
Creating
PPA
MCR PO > Purchase Orders >
Purchase Orders
Click
on Shipments
Po
Distributions: Destination
PO
Terms
Notes:
Sum total of all PO releases
quantity should not exceeds the PPA quantity.
Sum total of all PO releases
amount should not exceeds the PPA Amount Limit.
Each Release Amount should be
greater than the minimum release amount at line level and also header level.
We should create PO release
between PPA effective dates.
Click
on Approve and PPA has been approved
PO Release against PPA i.e.3002
Navigation: MCR PO >Purchase Orders > Releases
PPA
order quantity is 500, when we release PO more than the PPA quantity, system
will raise an error.
More-Tab
Status
– Tab
Item-Tab
Receiving
Control Button
VERY WELL EXPLAINED.
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