Lot/Lump Sum POs

Why is it Useful?

CMiC has added the ability to have multiple lump sum PO lines in a PO, and multiple receipts and invoices against a lump sum line. Lump sum POs allow a "lot" price when executing material purchases in the system. This will benefit users who have suppliers that provide a set price for dozens or hundreds of items, rather than price each item individually. This is especially true for specialty fixtures comprised of many separately sourced, delivered, and invoiced components.

NOTE: This feature was released in Patch 14-1 under Issue 20.31584.

How Does it Work?

Refer to Purchase Order - Using Lump Sum POs for more information on using this functionality, including the setup and process involved in creating lump sum POs, as well as details about using this feature with Change Orders, receiving lump sum POs, and entering vouchers for lump sum POs in AP.