Working with purchase orders
You can create purchase orders that reuse data and vendors
and apply consistent terms and contracts. You can create purchase
orders from purchase requisitions, material requests, and requests
for quotations.
Creating purchase orders
You can create purchase orders and reuse the data and vendor information while applying consistent terms and contracts. You can combine multiple purchase requisitions for the same vendor on a single purchase order.
Creating units of measure
You can create a unit of measure to describe the quantity used to measure an item, tool, or a service. You use a unit of measure to measure the items and services that you order, issue, and transfer in the asset management system. Examples of units of measure include EACH, CASE, IN (inches), and ROLL.
Creating conversion factors
You can create a conversion factor to define the numeric value or ratio that the asset management system uses to relate one unit of measure to another. The conversion factor is an alternate value that is used to represent a unit of measure. You can use this alternate value to define an item order or transfer quantity and storeroom balance.
Creating commodity groups
You can create a commodity group to identify a grouping of items, tools, or services. A commodity group contains a grouping of individual commodity codes. Classifying items, tools, services with commodity groups and commodity codes provides a way for you to analyze spending by product type. You first define a commodity group and then add and associate individual commodity codes to the group.
Creating contracts from purchasing records
You can use the Create Contract action to create a contract from a purchase order, purchase requisition, request for quotation, or an invoice. You can create contracts based on the information contained on records in the purchasing module applications.
Creating, associating, and modifying terms
You can create terms and conditions for records and you can associate existing terms with records. You can also modify how the sequence of terms displays for a record .
Duplicating purchase orders
You can duplicate an existing purchase order.