1 PO with several invoices based on %

Question

One of our customers has the requriement where they create a purchase order (say for the following below)
Purchase Order
Product            QTY         Unit price     line total
Item A               1              $10 each         $10
Item B               2              $5                   $10
                                                   TOTAL  $20
They then create AP invoices in stages based on a % total (the % will vary per invoice and below is an example
Invoice
AP Invoice 1 = 10% of the total PO
AP invoice 2 = 25% of the total PO
AP invoice 3 = 65% of the total PO
Is there a way to process these invoices based on the total % which are linked to the one PO?

Answer 1

Hi,
It is not possible to raise invoice based on %. I tried for one of my customer the same.My customer has 3 invoices for one PO
First he will raise 50% invoice(i.e 50% of total value of PO) then 30% then 20%.
There are Three Queries
First- If i suggest my customer to raise first invoice as item invoice for 50% and rest as service invoice.
How can i do this?
Second-The purchase order gets closed once you draw to higher level,so the same PO can't be drawn back again.
Third-If I want to raise 50% invoice should i give 50% discount for the document or is there any other way to reduce the value of the invoice keeping the quantity same.
Please suggest if any other ideas.
Thank you