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  1. Difference Between Purchase Requisition …

    • Purchase Requisition initiates the purchase of material. It is a formal request that the departmental heads make to the firm’s purchase manager. It is used to notify the purchasing department that there is a n… See more

    Purpose of Purchase Requisition

    It kicks start the purchase process.
    Bears written evidence of details of the materials to be ordered.
    Contains reference dates. See more

    Key Differences
    What Is Material Requisition Note?

    A Material Requisition Note is a formal document that is used to authorize and issue … See more

    Key Differences
    What Is Purchase Order?

    After the approval of the requisition, and selection of the supplier to whom the order is to be given, a purchase order is prepared. It is a form that the purchasing departmen… See more

    Key Differences
    Contents of Purchase Requisition

    The purchase requisition is printed in advance. Also, these are as per the specifications of the manufacturing firm. General the requisition form covers the following: 1… See more

    Key Differences
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