Purchase Order Type
Select Active, Standing, Future, or Blanket. The type of purchase order you select determines how the purchase order is processed.
You can select:
Active — purchase orders you intend to process immediately.
Standing — orders that contain items you often order together. You can issue active purchase orders from standing purchase orders, as frequently as needed.
Future — purchase orders you enter with a future date on which you expect to activate and issue the purchase order.
Blanket — purchase orders for a certain monetary amount, from which you issue active purchase orders until you have used up all the available funds.