pb903369
Member
Hello JDE Gurus,
Per some of our contracts, we are supposed to pay minimum payments
to a supplier per month. If the minimum amount is reached when we cut
our regular POs to suppliers, we do not need to make any extra payments.
If the minimum is not reached, we have to make up the difference by sending the
supplier a payment for the difference(Minimum - Amount of POs cut to the supplier for that month).
We need to store the minimum amounts by supplier by month. Reports can be used to compare amounts
from POs cut to the Minimum amount and calculate the difference. There will be some manual process
to check what the difference amount is and make the payment
To make the above process work, I have explored a couple of options -
1)Blanket POs seems to be the easiest solution. Enter a Blanket PO and release as necessary against
a Job account created for this supplier.
2)Create a Job and enter the minimum amounts to an account in the job budget.Create POs
against this account when making up the difference
Any advice on if there is a better solution for this? Much appreciated in advance
E1 9.2
Tools Release 9.2.4.1
Per some of our contracts, we are supposed to pay minimum payments
to a supplier per month. If the minimum amount is reached when we cut
our regular POs to suppliers, we do not need to make any extra payments.
If the minimum is not reached, we have to make up the difference by sending the
supplier a payment for the difference(Minimum - Amount of POs cut to the supplier for that month).
We need to store the minimum amounts by supplier by month. Reports can be used to compare amounts
from POs cut to the Minimum amount and calculate the difference. There will be some manual process
to check what the difference amount is and make the payment
To make the above process work, I have explored a couple of options -
1)Blanket POs seems to be the easiest solution. Enter a Blanket PO and release as necessary against
a Job account created for this supplier.
2)Create a Job and enter the minimum amounts to an account in the job budget.Create POs
against this account when making up the difference
Any advice on if there is a better solution for this? Much appreciated in advance
E1 9.2
Tools Release 9.2.4.1