Best Practices for Multiple Year Purchase Orders

Summary:

Hi Experts,

Raising this question to check on the best practices for creating multiple year purchase orders.

We are currently using many methods of achieving this: creating a single PO with a single line and completing receiving as it comes, many POs during the contract time, one PO line per period etc.

Is there any recommended method we can follow as a best practice?

Thank you in advance

Regards,

Maleena

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24B

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