FRAMEWORK ORDER title: framework order (MM-PUR) (SAP Library - Glossary)
FRAMEWORK ORDER category: Purchasing (MM-PUR)
FRAMEWORK ORDER explained:
A purchasing document used to procure materials or external services.
Instead of stipulating a delivery date, this type of purchase order has an extended validity period.
Framework orders are defined with the document type FO. They are used in accelerated procurement processes in conjunction with maintenance/servicing plans and invoicing plans, and for blanket purchase orders (purchase orders with limits).
A framework order covers multiple procurement transactions over a longer period in cases where the administrative costs of processing discrete POs would be disproportionately high.
More terms such as framework order in Dictionary F.
- Manual Foreign Currency Account:
- Help An account kept in a currency of another country instead of in the local currency framework order definition.
- Manual Franchising:
- Help A form of retailing in which the franchisor grants the franchisee the right to distribute or sell certain goods and services framework order explain.
- Manual Formula Builder:
- Help This is used to manipulate a field's value. With the Formula Builder, you can use mathematical operators, concatenate text strings, or even use formulas to perform more sophisticated functions framework order what is.
- Manual Funds Block:
- Help A lock that prevents access to funds that were made available for a person or position (financing). Funds blocks are used to map personnel cost savings in the system framework order meaning.
- Manual Fixed Asset Balance Sheet Account:
- Help account in Financial Accounting on which asset transactions are recorded. It is the account to which acquisition and production costs are posted, as apposed to the accumulated depreciation account framework order abbreviation.
