Retirement Plans Under Attack-What Are Plan Sponsors Doing Now?
ACCOUNTS RECEIVABLE - PURCHASE ORDER
1. PURCHASE ORDER April 2011 Accounts Receivable Application and Infrastructure SolutionsAustralia | Canada | France | Germany | India | New Zealand | Singapore | Switzerland | UAE | UK | USA
6. The most important item regarding a PO, is the unique number of the PO. This number will be used to track project deliverables, milestone achieved (if any), amount paid etc.4
25. Suppose we have already received payment of $20k from client and the PO’s has been closed. But still billing went ahead and raised an Invoice against the closed PO’s. Project PO 3 5,000 PO 1 10,000 PO 2 5,000 18
26.
27. Change request (CR) from delivery team has not been received.
28. CIPI Team failed to update the change request.The above mentioned are the major three Issues related to PO. 19
33. In case of a single PO, most of the required details can be tracked through PeopleSoft.
34. Billing team can generate excel report through PO query including all relevant information (such as – PO number, PO amount, amount of billing already generated)
35. Here Issue arises when PO is not set-up into the system, then it becomes difficult for billing team to track PO’s.
36. The resolution requires continuous follow-up with delivery team and CIPI team to avoid any complexities and misunderstandings.23
