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How to make payment for Service related PO

edited Jan 30, 2019 4:30PM in Payables, Payments & Cash Management 5 comments

Summary

How to make payment for Service related PO

Content

Hi,

Like wise for goods, PO will be raised and the GRN will be done to accept/receive for goods. i.e a kind of goods being acknowledged as received.

Same way, there is PO raised for Internet connection or any services  related, in this case the supplier(service provider) will be paid fully when the service is completed.  To achieve at the PO level itself in order to bring the control at this stage. Based on the completion invoice will be raised and payment will be done accordingly.

We just need to know is there any kind of GRN(for goods) process for service PO's. Please advice

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