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If you purchase products or services periodically, you can manage your purchasing agreements for the following types:
To track periodic purchasing invoices, you can use the purchasing contract document type "Purchasing".
An annual subscription to a magazine is an example of a recurring purchase invoice.
Periodic service is the periodic purchase of a service.
For example; if you are renting software, periodic service invoices will be given to you by the software company.
If a maintenance - service company provides you with periodic maintenance service, you will receive purchase invoices periodically.
For example; an elevator company that performs maintenance on the company building every 6 months will issue you an invoice every 6 months.
If you choose to rent a car instead of buying, you will be invoiced by the car fleet rental company at regular intervals.
For example; if you rent an office, you pay monthly rent.