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Year- end Process for PO

Dunia2012 asked Nov 20, 2012 | Replies (3)

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We have huge number of POs issued in November & we are sure suppliers can't

deliver before the end of December, so we can't process the payment t his year 2012 ,and as we don't have OBO this year, I want to know if we can pay these POs next year

2013 & how?

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3 Replies

w nash7658 replied Nov 20, 2012

What is OBO?

PO's are not year dependent, though if you have commitment management active

then just carry forward the balance.

Now if this is something to do with "grants" and that you need to show you have spent

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the grant in the current year, then just do a down payment to the vendor for which

you can assign to the PO.

Regards

Waza

Dunia2012 replied Nov 20, 2012

Thanks Dear Waza, OBO in our organization means obligation of the fund this is the

first year we work in SAP.

Just can you help me more; if we have PO against fund will expire at the end of this

year still we can pay next year? & what is the validity period for the PO against

expired fund is it three months?

w nash7658 replied Nov 20, 2012

So you are using FM or BCS, and yes of course you can. I think you just need to

carry forward the commitments to the new financial year.

Regards

Waza

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