Standing agreement

A standing agreement, also referred to as a standing order, is used to order items and supplies that you require frequently. The items and item quantities on standing orders are permanently set to order exactly what items are listed in the quantities that they are listed. You can determine the frequency and number of releases to create. Each time you issue a standing order, the Purchase Order application automatically assigns a unique release number to the order.

A standing agreement creates releases from an existing purchase order.