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Open Purchase Order

A PO that has been issued but not yet fully received and invoiced.

Area
Procurement
Also known as
outstanding PO, PO commitment
In this area
40 terms of 257

An open PO represents a commitment already made: goods are due, and money will be owed. The value of all open POs is your committed spend, which sits between budget and actual.

Stale open POs are a persistent housekeeping problem. Lines that were part-delivered years ago inflate committed spend and distort accruals until someone closes them off.

See it in AWRA OpsHub

Purchase Orders & Receiving

Related terms

Purchase Order

PO

A formal buyer document authorising a purchase from a supplier.

Goods Received Not Invoiced

GRNI

Stock received into the books before the supplier invoice has arrived.

Budget Variance

The difference between budgeted and actual figures for a period.

Goods Received Note

GRN

A record confirming what was actually received against a purchase order.

More in Procurement

Approval Workflow Approved Vendor List (AVL) Bid Evaluation Blanket Purchase Order Category Management Conflict of Interest (CoI) Contract Lifecycle Management (CLM) Cost Avoidance

Open Purchase Order is not just a definition here

Procurement runs on this vocabulary every day in AWRA OpsHub — 40 of our 257 glossary terms describe things the platform actually does.

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