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Functionality to track budgets at Contract and BPA Levels Levels

Summary:

Negotiation, Contracts and Blanket Purchase Agreements do not impact Budget and Budget is not tracked for these documents in Oracle Cloud Procurement.

In client's current ERP system, requester raises a purchase requisition with some project budget being reserved against PR. These PRs are converted to agreement/contract after negotiation against which the budget will be blocked. Post then POs will be release against the agreement within the same threshold budget which was already consumed earlier.

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