Best Practice for ‘Close PO Under Percent Tolerance’ Setting

Good morning,

I am trying to do some bench marking for our organization and looking for input from others.

We are going to start using the ‘Close PO Under Percent Tolerance’ setting, which defines the acceptable percentage of the total purchase order quantity or amount that can be outstanding while still allowing the purchase order to be closed. It can be set at the following places: Item BU Attributes, Item Purchasing Attributes, Item Category.

My questions for Oracle community are:

• If you use this setting, at which place did you find it most useful to set?
• If set at Item Category, did you set one value across the board, or evaluate each category and set a different close tolerance for each category?