About Standing Purchase Orders
Standing or blanket purchase orders are open orders that you may post receipts to indefinitely - for example if you have negotiated a contract for materials at a specific unit cost but do not have a set limit (such as asphalt or concrete).
There are generally two types of standing/blanket POs:
Unit -based Unit of Measure
-
Original Units = 0.00
-
Unit Cost <> 0.00
-
Cost = 0.00
LS Unit of Measure
-
Cost = 0.00
-
Units (disabled and set to 0.00)
-
Unit Cost (disabled and set to 0.00)
Standing POs do not work with the PO item distribution feature since you can only distribute PO items into lines if there are units or amounts associated with those PO items. For more information about the PO Item Distribution feature, see PO Item Distribution Overview.
Setting up standing POs will not create a committed cost in Job Cost. When the goods are invoiced in AP Transaction Entry, the Committed Costs/Units will be updated as follows:
-
Standing PO with Receiving checkbox selected:
-
Remaining Committed Units/Cost = 0.00
-
Total Committed Units/Cost = Invoiced Units/Cost
JCCD (Cost Detail) | ||||
---|---|---|---|---|
Source |
TotalCmtdUnits |
TotalCmtdCost |
RemCmtdUnits |
RemCmtdCost |
AP Entry |
100.00 |
200.00 |
0.00 |
0.00 |
-
Standing PO with Receiving checkbox selected:
-
Remaining Committed Units/Cost = - Invoiced Units/Costs
-
Total Committed Units/Cost = 0.00
If the Update GL/Subledgers on Receipt checkbox (in the PO Company Parameters form) is not selected:
JCCD (Cost Detail | ||||
---|---|---|---|---|
Source |
TotalCmtdUnits |
TotalCmtdCost |
RemCmtdUnits |
RemCmtdCost |
PO Receipts |
100.00 |
200.00 |
100.00 |
100.00 |
AP Entry |
0.00 |
0.00 |
-100.00 |
-200.00 |
If the Update GL/Subledgers on Receipt checkbox (in the PO Company Parameters form) is not selected:
JCCD (Cost Detail) | ||||
---|---|---|---|---|
Source |
TotalCmtdUnits |
TotalCmtdCost |
RemCmtdUnits |
RemCmtdCost |
PO Receipts |
100.00 |
200.00 |
100.00 |
200.00 |
0.00 |
0.00 |
-100.00 |
-200.00 | |
AP Entry |
0.00 |
0.00 |
100.00 |
200.00 |
0.00 |
0.00 |
-100.00 |
-200.00 |
Standing POs remain open until you manually change the Status field in the PO Purchase Order Entry form to 1 - Complete.