This field indicates the current status of the purchase order. When adding a new purchase order, this field defaults to “Open”.
Open - Can make changes, and post receipts and invoices against a PO with this status.
Complete - PO is complete and no changes or posting should be allowed.
Closed - This status can only be assigned by closing the PO using PO Close. Committed costs/units are relieved, and inventory adjusted as needed. You cannot make changes to purchase orders flagged as “Closed.” This includes change orders.