![]() If an organization does not use purchase requisitions, other employees may fill in purchase orders for approval as well. The purchasing department creates the purchase order once a purchase requisition has been approved. What is a purchase order?Īlso known as a PO, the purchase order is a document outlining the details of an actual purchase. Because the equipment is high-end, the head of purchases would check in with the finance department first to make sure this is a feasible demand. They take care of approving or denying the request for new equipment. The mechanic files the completed form to the purchasing department. If one of your mechanics finds out about a new type of equipment that would make their lives easier for routine checkups – equipment that your company has never purchased before – they could fill out a purchase requisition without needing to ask for permission first. You have a team of mechanics who do routine inspects and fixes on your drills, saws, and other machinery. Let’s say you are running a manufacturing company. ![]() The document is then sent to the purchasing department for approval. ![]() The employee fills in all the details, including the price, suggested vendor, and the specifics of the goods or services. Purchase requisitions are first filled out by an employee who sees the need for a product or a service. This way, the same department oversees every purchase your organization makes. If someone from outside of the department needs to purchase something, they can fill out a purchase requisition and submit it to the head of purchases.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |