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Oct 20 2010
07:26 AM

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Contract Purchase Agreement.

chandrashena
Profile Answers by chandrashena Questions by chandrashena

Oracle Apps Interview Questions

What is contract purchase agreement,when do we use it?

Somendra Singh

Feb 27th, 2018

Contract Purchase Agreement is a kind of PO which is used when we are not confirmed for the services to be used or material to be purchased but in contract PO we can buy/use as many services by supplier company for the agreed amount and a Standard PO is being made against Contract PO

murali

Feb 26th, 2015

Purchase agreement is created only after price & item freezed with long term basis,without indication of quantity,after agreemner approval,buyer can release order based on schedule

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