Period of Performance
You can use this function to define a period of performance for procurement documents such as, shopping carts, purchase orders, contracts, and Rfx documents. Commitment and spending are valid only during the period of performance that the user defines. The period of performance is used in receipt, invoice, and payment documents to validate the dates that goods were delivered or services performed against the validity period defined in the purchase order. This prevents the payment of invoices where the period does not match that of the spending document.
Prerequisites
You have activated the business function SRM, Cross-Industry Functions (SRM_CROSS_INDUSTRY_1
). Note that you can only use this business function in conjunction with
the business function SRM, Procurement for Public Sector (SRM_PUBLIC_SECTOR_1
). In other words, you must activate both business functions.
Features
This function contains the following features:
The user can define a start and end date for goods delivery or service performance
The system makes checks against the period of performance
Used to validate dates that goods were delivered or services performed