What is the different about open po and close po?

Question

Accepted Answer

Open PO and Close PO are different in terms of their status and completion.

Open PO refers to a purchase order that is still active and has not been fully processed or completed.
Close PO, on the other hand, refers to a purchase order that has been fully processed and completed.
Open POs may still require actions such as receiving goods or services, invoicing, or payment.
Close POs indicate that all necessary actions have been taken and the procurement process for that order is finished.
Open POs can be modified or canceled, while close POs are typically not editable.
Examples: An open PO could be for ongoing monthly office supplies, while a close PO could be for a one-time purchase of equipment.

Accepted Answer

Close PO is the purchase Oder is limited whatever we are create Qty Material are received PO is Close

Open PO is one time PO Qty Are no limit as per Our Monthly Requirement we are purchase the same PO

Accepted Answer

Open po is when the purchase order is created &close po is when the purchase order materials are received

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