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Finance | Project Operations, Human Resources, ...
Answered

Create agreement from the purchase requisition

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Posted on by 20

Hi Everybody,

My client company is expecting to create purchase agreement directly from the PR once the PR is approved.

We can now create RFQ from the PR but not agreement.

Is there any setups can be made to allow it? Or is there any plan to have this in next releases?

Looking for your suggestion.

Thanks.

I have the same question (0)
  • Verified answer
    SouravDam Profile Picture
    11,730 on at

    Hello Janardan Gupta,

    This is not possible and I don't think anything like this, is part of the plan in next updates.

    However; you have to keep eyes open on this if something is released in future.

    As per standard; currently this is what you can follow.

    --- No PA can be created directly from the PR.

    --- A new PR can be created manually and converted to RFQ.

    --- RFQ will be send for vendor's bid.

    --- Once the bid is complete; RFQ will be closed.

    --- PO will be generated from that PR (which is linked with the RFQ)

    --- You can manually create a new PA separately and generate PO from that PA.

    Alternatively;

    --- You can directly create a new RFQ by selecting purchase type as PA.

    --- Send RFQ for vendor's bid.

    --- Once the vendor's bid is complete; RFQ will be converted to PA.

    --- And then release the PO from that PA.

    Kindly check and update.

    Best regards,
    Sourav Dam

    Kindly mark this thread 'Yes' if this is answered your query which may help other community members in this forum.

  • MATTGUO Profile Picture
    22,349 Moderator on at

    Hi Janardan,

    No out-of-box feature on this requirement.

    What is the reason that create purchase agreement from PR? Do they want to follow up the progress of the PR and if required item is purchased?

  • Janardan Gupta Profile Picture
    20 on at

    Yes Mattguo that is the reason.

    So what would be the best practice to follow in this case.

    Let me know your observation on this please.

  • MATTGUO Profile Picture
    22,349 Moderator on at

    Hi Janardan,

    System does not have a way to do this case.

     You can use the Procurement and sourcing > Purchase orders > Purchase order follow-up > Open purchase order lines, and right click to add the column of purchase requisition, then filter the PR item and create a view for this filter. But this way does not display the PO which is totally invoiced.

    From the point of my view, it's better to customize a report to display these relationships.

  • Janardan Gupta Profile Picture
    20 on at

    Hi Mattguo,

    I do not understand why report we need to develop as we are not discussing here with any report!

    I just wanted to know if this is feasible to create PA from a PR.

    Looks like no out box solution is there for this purpose.

    Thanks.

  • Janardan Gupta Profile Picture
    20 on at

    Hi Sourav,

    Thanks for pointing the steps.

    I think as there is no such is possible to do, then better to follow the standard process.

    Atleast we can create new PA from the RFQ which seems fine too.

  • Juli Arenoso Profile Picture
    5 on at

    Thanks Sourav Dam, very helpfull.

    Any news on the next updates regarding this topic?

    Regards,

    Julieta

  • Suggested answer
    Cedomir Jokanovic Profile Picture
    5 on at

    Hi,

    we have the same requirement and we were advised that there is idea on this that needs votes:

    experience.dynamics.com/.../

    If this idea aligns with your requirement, I suggest you to put in a vote

    Thank you

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