Re: Purchase Orders vs Purchase Cards

Sorry, I'm no accountant and have no idea how that side of things works.
But I'm sure we do POs for both capital and operating expenses. When the PO
is generated it includes the account code it will be paid from, and the
account codes are different for CapEx v. OpEx.

On Wed, May 6, 2009 at 11:31 AM, Nathan Andelin <nandelin@xxxxxxxxx> wrote:

From: John Jones
Planned purchases, competitive bids, capital investments,
group/consolidated/centralized purchasing: Purchase Orders.

John,

Since you mentioned capital investments, do your purchase orders encumber
against capital budgets? It seems pretty common to encumber against expense
budgets, but I wasn't sure about capital items?

My understanding is that budgets may be encumbered while purchase orders
are outstanding, but the encumbrance amounts are removed when the PO is
paid.

Nathan.



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