¿Do purchase orders have expiration dates?

Summary:

¿Do purchase orders have expiration dates? After which, they are considered closed if nothing has been received yet.

Example: a PO is issued to a supplier with the condition that they deliver the materials within 15 days. After the 15 days have passed, the PO should no longer accept receipts or invoices. The PO status should then be 'Closed'

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