Blanket Purchase Orders and creation

A blanket purchase order is a long-term contract between a buyer and a supplier to supply goods or services at a pre-set price, regularly for a certain amount of time. It is a legal document binding on the buyer for the commitment with a supplier. It can reduce time spent and processing delays for repeated orders of the same items or services. It can have limitations on the time frame, quantity, or amount of money. Suppliers can send multiple invoices with the same blanket purchase order number.

to enable blanket purchase order in NetSuite

1. Go to Setup > Company > Setup Tasks > Enable Features.
2. On the Transactions subtab, check the Blanket Purchase Orders box.
3. On the Employees subtab, check the Approval Routing box.
4. On the SuiteCloud subtab, check the SuiteFlow box.
5. Go to Setup > Accounting > Accounting Preferences, and on the Approval Routing subtab.
6. Check the Blanket Purchase Orders box.
7. Click Save.

To Create a Blanket Purchase Order

1. Go to Vendor Dashboard > Transactions > Enter Blanket Purchase Order.
2. Enter information for each section described below as necessary.
3. Click Save.

To get Vendor Dashboard, select a vendor. select the icon in vendor.