Purchase Order

[Former Member]

Hi gurus,

I'm new to srm 7.0 Can anyone tell me how many types of purchase orders we have in srm 7.0 and how can we create those?

What is the difference between purchase order and limit PO??? How to create limit PO?

Thanks in advance.

[former_member208675]

Hi,

Limit PO has validity & limits for specified procurement, wether it can be material or service. It generally contains text & validity periods not particulers about material or service.

Confirmation is not mandatory for Limit PO, you can post invoice(s) for particuler PO.

Login as a purchaser, you will get option to create Limit PO.

I hope it helps.

Regards,

[Former Member]

Limit PO's are similar to Item Category B in MM.  Limit PO is a blanket order with a dollar cap on the order. We can post multiple invoices against a blanket Po or a limit PO.  There is a option in SRM for limit PO's.

Regular Po is a one time PO that you create and invoice against it.