Auto-Final Close Logic for Zero–$100 Balance Purchase Orders

Summary:

Purchase Orders with remaining balances between $0–$100 to automatically move to Finally Closed once all invoices are paid and receipts are complete, so encumbrance reports stay accurate and manual closeout is reduced. Configure or develop an automated process to final close POs with remaining balances between $0–$100 once all related invoices are paid and receipts are closed.

Confirm whether this can be done through an existing tolerance rule or a scheduled concurrent/ESS job that runs nightly or on demand.

Content (please ensure you mask any confidential information):

Acceptance Criteria:

• POs with remaining balances between $0–$100 automatically move to Finally Closed
• POs with open invoices, receipts, or holds are excluded