Is it possible in Cloud to enter a vendor agreement that you are matchning invoices with until the amount of the agreement is used? For example if you enter a rental agreement of 4 years of lets say 48000 EUR. You are then receiving one vendor invoice per month for 4 years and since the agreement is already signed you dont need any further authorizations on the individual invoices. You would like that the invoices are deducted from the amount of the agreement until the amount is zero.
This function is usually included in external applications such as Visma Proceedo.
We can of course use purchase orders for this but then we will have to do a PO row per expected invoice and someone needs to do goods receipt each month.
Is this possible in IFS10 or in Cloud?
