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Any method to bulk update purchase orders to reduce outstanding amounts and release budgets in PPM?
in Purchasing
Summary:
I would like to explore any idea/ methods for bulk PO modifications to release budgets from corresponding projects in PPM.
Content (please ensure you mask any confidential information):
In the daily operation, requester wants to release open PO amount from project commitment and budget for other uses. In current practice in my company, requester needs to raise a change order for PO amount reduction. Once it is approved and effective, the change will be reflected in PPM and project budget.
Example:
Original Ordered Amount: $100
Delivered Amount: $80
Action from requester side: raise a change order to reduce ordered amount from $100 to $80 so $20 will be released from project budget.
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