Set up at the Purchase Order company level

Many business rules for a company are set up at the Purchase Order company level. The setup decisions you make at the company level determine the way your company conducts business. These include:

Options affecting purchase order entry, maintenance, and revisions
Options for receiving, inspecting, and returning goods
How the Purchase Order application prices ordered goods
The types of comments printed on different purchasing documents
Defaulting rules for creating purchase orders and requisitions

Some of the information about your company used for PO Company setup is described in the following table.


Field	Consideration
Add-On Cost Close Days	If add-on costs are automatically added to a purchase order, but later do not appear on the invoice, this field allows the application to cancel the add on costs automatically after the specified number of days, so long as there has been no other activity and all other processing is complete.
Audit Rules	You decide which kind of purchase order records are to be audited: header data, line data, miscellaneous or line add-on charges, or spread add-on charges. In addition, you can audit changes by the type of actions performed on that data (add, change, delete, cancel, or backorder cancel).
Default Rules	You decide on the defaulting order for these when creating purchase orders and requisitions: Cost Accounting Unit Account Activity Account Category Vendor Vendor Purchase From Single Document to a PO Note: You must set up at least one cost defaulting order, but the other defaults are optional.
PO Code	You select a default source for PO Codes, and allow or prohibit manual override of the PO Code. If using requesting location defaults, you can enter the PO Code to assign to purchase orders from requisitions, vendor returns, and so on.
PO Numbering	Should purchase orders be numbered automatically, and if so, at what number should they start?
Receiving	Receiving options for the company including undershipment and overshipment tolerances can be specified. These values default to all vendors, and can be changed at the vendor level. This is where you define what number should begin receiving, adjustment, and inspection numbering.