Grant Thornton Purchasing Course Manual

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Purchase Requisitioning in Business World - Course Manual You can find this draft Purchase Requisition via the number or label (see 5.4.1 above). It has now been sent for approval. Page 24 of 32 © Highpoint 2019 highpoint-services.co.uk
Purchase Requisitioning in Business World - Course Manual Purchase Requisition Workflow 5.1 Objectives The objectives of this section are to understand… • How the approval process works • How to deal with a rejected Purchase Requisition 5.2 Overview Purchase Requisitions will enter the automated ‘workflow’ approval process once submitted. If you were to open a Purchase Requisition which is In progress, you could Save as draft which will take it out of the approval workflow or you can make amendments and Submit which will force it to restart the approval workflow. The approval process looks like this: Once submitted, the system will check to see if you have included a SupplierID on all lines. If you haven’t, you will receive a Please insert a Supplier ID task (described below). This will allow you to update your Purchase Requisition appropriately. Then the system will look at the documentation attached and coding used to decide which of 4 approval paths is required: Engagement Letter / Direct Project / Indirect Project / Fixed Assets. For Indirect and Direct Project purchases, the workflow system also looks at the amount of the requisition: purchases under £5000 will be sent to the Work Order Manager and over £5000 will be routed to the Work Order Principal. Your Purchase Requisition could be Rejected by the approver in which case you will receive an Update Requisition task (described below). This will allow you to resubmit an amended version or cancel the Purchase Requisition completely. Once your Purchase Requisition has been Approved, it will be transferred to a Purchase Order and sent to the supplier. Page 25 of 32 © Highpoint 2019 highpoint-services.co.uk
Page 1 and 2: Purchasing in Business World Course
Page 3 and 4: Contents Introduction .............
Page 5 and 6: Purchase Requisitioning in Business
Page 23: Purchase Requisitioning in Business

Grant Thornton Purchasing Course Manual

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