How many types of Purchase Orders?
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Answer Posted / mujju
Blanket purchase orders
Used for an unlimited number of orders. Blanket purchase
order numbers that will be accepted when placing an order
must be specified in the business account before buyers
attempt to specify a blanket purchase order number.
Limited purchase orders
Used for orders where the total amount of all orders
made specifying the limited purchase order number does not
exceed a spending limit. The spending limit for a limited
purchase order is recorded and used to validate orders that
specify a limited purchase order number to ensure the
spending limit is not exceeded. Limited purchase order
numbers that will be accepted when placing an order must be
specified in the business account before buyers attempt to
specify a limited purchase order number.
Individual purchase orders
Used for one order and acceptable purchase order numbers
are not predefined. You can specify that customers must use
a unique purchase order number for each order placed on
behalf of a business account. If you do not require a unique
purchase order number for each order, customers may reuse
purchase order numbers.
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