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Blanket Purchase Order
Blanket Purchase Order
purchase order
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Limit items also referred as
blanket items
Blanket purchase order is a simplified
procedure for procurement of consumable
materials.
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Blanket purchase order is created with a
longer validity period such as one year with
item specific value limit.
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Certain steps are deliberately omitted in Blanket
purchase order.
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The processing cost is reduced for
Blanket purchase order due to the
following.
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Characteristics of a Blanket PO
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Characteristics of a Blanket PO
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During invoice entry for Blanket purchase
order following facilities provided
It is checked within the validity period of PO.
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