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what is the difference between purchase
requisition,purchase order,planned order, production order
can you pls explain with examples??
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Answer Posted / subha
Hi
Purchase requisition the request which we place with the
mm or pp dept for the inventory requirement while
creating a order or delivery confirmation for the making
the material available
Purchase order is the order which pp/ mm dept places with
the third party for delivery of goods
planned order comes in avilabilty check based on which we
confirm the delivery for the goods to the customer
Production order is one based on which we decide fifo and
lifo concepts.
Any better answers are welcomed
| Is This Answer Correct ? | 19 Yes | 7 No |
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