Geology & GeoscienceVerified

ERS meaning in oil and gas

ERS means Evaluated Receipt Settlement. The automated PO invoice creation when a material or service receipt is entered for a PO vendor set up with this payment method. PO term defaults will apply.

Definition

Evaluated Receipt Settlement

The automated PO invoice creation when a material or service receipt is entered for a PO vendor set up with this payment method. PO term defaults will apply.

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