Understanding Requisition and Purchase Order Adjustments
In PeopleSoft Project Costing you can adjust requisitions and purchase orders based on the purchasing adjustment options that are set up during installation, combined with the options and parameters that you select when you run the Purchasing Adjustment Application Engine process (PC_POADJUST).
This topic discusses:
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Purchasing adjustments.
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Adjustment calculations.
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Nonrecoverable value-added tax (VAT) amounts in purchase order reversals.
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Using commitment control to generate reversals.