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Acquisitions Procedures: Varied Expenditure PO's

Continuation PO'w with varied expenditures

Continuation PO’s with varied expenditures, multiple times a year.

Best Practice:

The line item should reflect the total amount you expect to pay over the course of the fiscal year so that next year’s commitment will roll over with the amount needed.

Past Practice:

Adding the line item with the first payment cost and then adding future payments to the line item, changing it as you go through the year until at the end, the amount is the yearly total.

Continuation PO's documentation