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Impact on reopening Closed Budget period to perform PO change order.

Received Response
edited Oct 25, 2023 9:29AM in Purchasing 1 comment

Hi All.

what will be the impact if I reopen closed budget period to perform change order.

The PO status is close for receiving, but business want to change the PO price due to the receiving amount is higher than order amount.

Those invoice cannot be processed.

My action plan to perform change order at PO line level to increase the PO price. However, the control budget already closed (budget 2020)

Those, i am planning to reopen the control budget 2020 to complete above process.

Please let me know what will be the impact in financial and budget if i reopen the closed control budget(budget 2020)

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