The use of buy cycles is specified by the project requirement; it is not mandatory in Smart Materials. A buy cycle is intended to group requisitions according to a phase (buy cycle) of a project. This allows management of requisitions and purchase orders (PO) according to the buy cycle associated with the PO. A buy cycle is defined by a date range and can be defined differently for each discipline.
Requisition buy cycles are defined on the R.10.12 Req Buy Cycles screen.
To define a buy cycle, enter the cycle number in the Buy Cycle field and select the start and end dates from the LOVs in the Start Date and End Date fields.