PO Codes - Best Practices

We use our PO Codes in conjunction with a PO Number range because you cannot always make a vendor accept 2 fields for a PO# and if they only send the number without the code, you cannot find it in Lawson.

Although we have a PO Code CE for Capital Equipment - it is primarily a filing/filter aid and a way of quickly finding them on open order reports. It does not particularly help track for budget other than a "flag" - we use activities management to track capitals and grants. Corporate Finance much prefers the activities - which track committed vs received vs paid.

We use a PO code of CAP for capital orders and APPR for POs that require invoice payment approvals. I would be interested in know what sources your manager is using to base his claim. Over the last 14 years that I've been in this position we've had several different consultant companies and our external audit company (Deloitte) look at our processes and none have said that PO codes are not best practice.