Optional step prior to the purchase order which, for example, stores use to register a requirement with the distribution center or head office. Purchase requisitions are also created automatically by Requirements Planning for order proposals generated.
A purchase requisition results from requisition notes for an account assignment object.
It also represents a funds commitment that is converted to a tying up of capital as a result of contractual obligations (purchase orders).
Request or instruction to Purchasing to procure a certain quantity of a material or a service so that it is available at a certain point in time.
Request or instruction to Purchasing to procure a certain quantity of a product or a service so that it is available at a certain point in time.