Purchasing FAQ’s

1. Define Requition?
2. What are the types of requitions?
3. What is the use of requition template?
4. What is the procedure for requition import?
5. What is meant by RFQ?
6. What are the types of RFQ”S?
7. What is meant by quatation and quotation analysis?
8. What is meant my PO?
9. What are the types of PO?
10. What are the types of receipts?
11. What is meant by receipt routing?
12. What is the purpose of receiving transactions?
13. What is meant by receipt routing? Types?
14. What is the use of auto creat?
15. What is meant by pay on receipt auto invoice?
16. What do you mean by controlling buyers workload?
17. What is Matching? What are the various methods of matching?
18. What is the use of defining security hierarchy?
19. What is the difference between accrue at period end and accrue on receipt?
20. Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?