Answer Posted / chandrakumar
Requisition is nothing but a formal request to buy something
(like Inventory material, office supplies etc) needed for
the enterprise. Only an employee can create one. There are
two types of requisitions:
Internal Requisition: Internal requisitions provide the
mechanism for requesting and transferring material from one
inventory to other inventory.
Purchase requisition: Unlike Internal requisitions, Purchase
requisitions are used for requesting material from suppliers.
| Is This Answer Correct ? | 14 Yes | 0 No |
Post New Answer View All Answers
what is the meaning of purchase default and what are the types
Explain Customization process?
What is the Invoicing System in Oracle R12
What do you mean by Category Set ? and what is its Relevance ?
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
What is the db number of a particular customer TCA?
What is Work Flow of AP,AR, Sales & Purchase
How do you adjust receivables?
Explain about Localization (IND & US ) in Oracle Apps ?
Please post the setups required to approve the payable invoice in AP.
How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.
what is the use of hr: security profile, while configure multiorg?
What is meaning of deprecation?
encumbrence set ups?
how service tax work.