In a previous blog we explored how to create a Purchase Request using the Employee Center role. In this blog we’ll explore the differences between a Purchase Request and a Purchase Requisition.
First, it’s important to note the different use cases in which a Purchase Request would be used or a Purchase Requisition.
In the case of a Purchase Request the person making the request typically knows the vendor, the item, and the approximate rate of the item. Purchase requests are done through the Employee Center role and can include an approval workflow to then convert into a purchase order.
A purchase requisition is slightly different, the requester doesn’t need to know the vendor or the price, they simply can enter the item and the quantity they need. Additionally, the items can be from multiple vendors. With that said, the resulting transactions can be multiple purchase orders from different vendors. Requisitions can also be done via the Employee Center role but also through a full user consultant role in NetSuite.
NetSuite provides a simple chart highlighting some key differences between Requisitions and Purchase Requests. An easy way to remember them is Requisitions require less detail which Purchase Requests require more detail.
To use NetSuite’s Purchase Request the feature will need to be enabled by an Administrator by going to:
Setup > Company > Enable Features > Employees > Purchase Request
To use NetSuite’s Requisition the feature will need to be enabled by an Administrator by going to:
Setup > Company > Enable Features > Transactions > Requisitions
More details on setting up approval workflows, routing and bulk order are available on SuiteAnswers.
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