Blanket order

My company wants to use the Blanket order facility to control PO’s from a vendor except not for an item but for a G\L Account. Say we have a budget of €50,000 to spend on a vendor and we want to control this by creating a Purchase Blanket Order for that amount and reducing each month.

I understand NAV is designed to do this with items only. Is it possible to do the same for a G\L account.

In testing I set the Quantity to be 50,000 and the direct unit cost as 1. This allows me to make multiple orders until the quantity of 50,000 is exhausted.

Is there a better way?

What you tested works,looks good to me.

You can also do it by creating an item & place a check mark in Inventory vale zero also.