What are Requisition Types?

Requisition Types enable you to define the different types of purchase requisitions used in your system. That is, to define how different purchase requisitions are processed.

For example, a requisition type might be set up for IT equipment, and require an additional approval from the IT manager prior to its posting as a purchase order. Or a requisition for consultancy might require a project code that is not required for general purchases.

You must define Requisition Types for your Business Unit before you can enter purchase requisitions.