Purchase Order Entry (PO20.1)

Use Purchase Order Entry (PO20.1) to add and maintain purchase orders. The form allows you to enter the basic purchase order information, and the buttons allow you to add and maintain additional details about the purchase order. The form is used for all item types. Additional information for each line can be added and maintained by choosing the More button.

You can also define and track retainage on purchase orders just like on a vendor agreement. You can attach a vendor agreement with retainage to a purchase order line, but vendor agreements with retainage can only be attached to purchase orders that do not have retainage defined.

Note: Note: The Tax Estimate function is used when a third-party tax source is used (excluding Vertex).

Processing Effect

You can close a PO line that has been received but not invoiced or a PO that has no received or matched quantity but the corresponding PO has existing PO invoices.

To do this, select Receipt Archive (V) as the line function code on the line that you want to close. Select Change as the form function to remove open receipts for the line from liability and recognize the profits. This function also updates the Archive Quantity of the PO line.

This function code processes only entered and released receipt lines.