What happens to a purchase order history when a supplier's invoice is posted?

When a supplier's invoice is posted, it results in the update of the purchase order history. This action reflects the completion of the goods or services received against the order, as well as the financial implications of that transaction. The update typically includes revising the quantities received and the amounts invoiced, which provides an accurate record of the transaction history for the purchase order.

Maintaining an accurate purchase order history is crucial, as it allows for thorough tracking of procurements, helps match invoices to received goods or services, and assists in managing vendor relationships effectively. This historical data is essential for reporting purposes and can also aid in future procurement decisions and negotiations.

While other choices mention various aspects of the procurement and payment processes, they do not directly pertain to the purchase order history as the invoicing primarily influences that particular aspect of transaction record-keeping.