Payments for PO Condition

[former_member860006]

Hello Experts,

We add PO conditions on estimate basis while creating POs. Therefore there are variances between actual cost and the entered PO condition values.

At the point of making payments for PO condition vendors, is there a possibility that the PO condition payment to be capped at the estimated value with a tolerance of 10% ?

eg: value entered as freight in PO condition - 200

Actual cost-Invoiced amount -250

Is it possible to bring in a control to restrict the payment as it has exceeded the tolerance level of 200*1.1=220?

[Garcia · Accepted solution]

Hello Pavi,

I assume you´re refering to the difference between the PO and the Invoice (expected and real), if so here you can apply several tolerance types and these will create a "block" in the Invoice - it does not mean an error but the Invoice will not be immediatelly posted, someone would need to check it and eventually release it.

If this is the case than search for "MIRO tolerances".

All the best,

[former_member860006 · Accepted solution]

Hello Goncalo,

Thank you so much, this is really helpful.

[former_member860006 · Accepted solution]

Hello Goncalo,

Further to the above, would you be able to help me on the below as well?

When the POs are created with PO conditions and when there is requirement to make an advance payment to one such condition vendor, can the advance payment amount be capped at already entered PO condition value?

This is to bring in a preventive control for advance payments made for PO condition vendors?

Greatly appreciate your support on this.

Thank you

Pavithri

[jsainzh · Accepted solution]

Hello Garcia, is there a way to use diferent payment terms for the PO Vendor and for the Condition Vendor (e.g. freigth carrier)? Thanks in advance.