Can anyone explain about Purchase Order & Purchase
Requisation?
Answer Posted / shekhar
Based on Purchase Requisation we create Purchase Order.
A purchase requisition provides authorization for the
Purchasing Department to initiate a purchasing
transaction. The requisition form is available from the
Purchasing Department, and contains a complete list of
information that is required to complete a purchasing
transaction.
A purchase requisition that is prepared without all of the
required information will be returned to the staff member
for completion, and may delay the ordering and/or delivery
of the requested goods or services.
The value of the goods and services will determine the
process that the purchasing department will follow to
create a PO.
A completed purchase requisition will be reviewed and
approved in the Purchasing Department.Once the requisition
has been approved, it will be used to create a Purchase
Order (PO).
Is This Answer Correct ? | 22 Yes | 5 No |
Post New Answer View All Answers
what is application key in account determination where its mentained. plz ans its urgent
Where do you assign text determination procedures for customer master records and for documents?
What is physical inventory management?
How do you control entry possibility of condition values at order through condition type settings?
What are the effects of posting goods issue?
What is delivery document?
What do you mean by order confirmation
Can you deference between contract & scheduling agreement?
The transaction code used to create a return delivery?
what is the use of billing report
Define condition types?
Name three areas/processes which use condition technique in sd?
What are the different types of partial agreements available in sap sd ?
What is meant by condition technique? Can we say it is the combination of condition types, access sequence and condition tables?
what is eligibilty concept for discounts?