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Get Started with Redwood: Oracle Cloud SCM and Purchasing

Progress Payment Schedules for Complex Purchase Orders

Summary:

Hi Everyone,

There was a new functionality introduced in Oracle Fusion in 21C.

CREATE PURCHASE ORDERS FOR COMPLEX SERVICES WITH PROGRESS PAYMENT SCHEDULES

I am trying to understand the use cases where using this functionality will be helpful. As I understand, I can use this functionality to allocate estimated costs to various portions of work. However, I can achieve this same functionality by creating two lines with separate schedules. What advantage do I get when I use this feature for my orders?

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