ArticlesHybrid Blanket PO's with Line ItemsEscape does line item purchase orders, and blanket purchase orders without line items. This is not news. Some customers have requested the ability to have both in one PO! This document describes how you can currently achieve this goal, using a "hybrid" approach. Why would we want a line item PO that was also a blanket? Here are the reasons:
Example: Food Service wants to create a PO to Sysco for food items not to exceed $50,000 for the month of May. During the month, a variety of food items are purchased, some of which will be received into the warehouse for later distribution. Setting Up a Hybrid POThe "Hybrid" PO is actually just a standard line item PO that you use special procedures to process. It may be that you want to set up separate numbering for these PO's, but it is not required. The steps for setting up the Hybrid PO are:
You now have a purchase order that has been encumbered, and a PO number the vendor can reference when shipping. Ordering and Receiving ItemsOnce the PO is set up, you can order items as needed, up to the amount of the PO. When ordering, do the following:
NOTE: When your "not to exceed" line item cost is zero, you must close the order or increase it with a change notice. |
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