I'd suggest to use the Agreement data model (and related services) for this; there are also some screen to create/modify data in the Accounting component (they should be moved to the Party component). Agreements are already used to setup some terms, payment net days etc. for sales and PO; however you will probably have to extend them in order to implement what you describe.

Cheers,

Jacopo

On Apr 1, 2009, at 12:52 PM, aswath narayana wrote:

Hello,
Is there a longterm purchase contract/rate contract?

Here is the descriptions of the longterm purchase/rate contract
Initially, PO is created, a specific quantity(large) and a rate is fixed.
Then, on a regular schedule, the buyer should be able to specify the
quantity that should be sent by the supplier. The terms of this still remain
the same as the PO already sent to the supplier


-Aswath

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