Review Open Purchase Orders

Overview:

On a weekly or more frequent basis, Purchase Orders should be reviewed and ultimately closed. Purchase Orders should be closed when the PO meets this criteria:

• All materials/goods have been received
• AP Invoices have been received and posted in PENTA
• No outstanding PO Change Orders exist

This video walks through several reporting options that should be utilized when reviewing open Purchase Orders.

Benefits:

• Closing Purchase Orders automatically sets the remaining open committed amount to zero. Total Committed = Total Booked
• Ensures all open committed amounts are closed out when PO's are complete

Roles:

• Purchasing Agent
• Purchasing Manager

Location:

• PENTA Workbench > PO: Purchasing Reporting Center

Video: