| blanket purchase order |
A purchase order with a validity period and limits for the simplified procurement of materials or services.
A longer-term blanket purchase order enables you to procure different materials or services from a vendor up to a specified maximum value. The nature of the materials or services in question is generally such that the cost and administrative effort involved in processing individual purchase orders is regarded as disproportionately high in relation to their value.
A blanket purchase order contains only a short text and a validity period. It does not contain specific materials or services.
Blanket purchase orders have the item category B and document type FO
The account assignment of the individual requirements need not be known at the time of ordering. It can be entered during the invoice verification process. If account assignment data was maintained in the purchase order, it can be changed at the time of invoice verification (for example, single account assignment can be changed to multiple account assignment).
Neither a goods receipt nor the entry and acceptance of services performed is necessary with regard to blanket purchase orders. Instead, invoices can be posted directly with reference to the PO provided that the value limit is not exceeded.