Does the 'confirming order' check box in the terms area have any function?

Summary: We need to know if the 'Confirming Order' check box in the terms area has any function or not? If the box affects the PO transaction in anyway or not?

We understand the 'A confirming order is an order that you're submitting formally to confirm a verbal order already placed with the supplier'. But we need to be sure if the check box has any transactional impact in a Purchase Order.

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