Inventory Requisitions Flashcards
Requisitions is the step in between ___ and ____
Items sent to requisition stay on the list until…
Purpose of the requisition module
Sales/Production/Inventory and Purchase orders.
Items sent to requisition stay on the list until the purchase order is closed or the production order is built.
Assist with the reordering of inventory from the inventory module, sales orders and production orders.
Where can you find suggested inventory to be ordered?
What is the calculation?
How do you sort?
How do you order?
Inventory List / Suggested Order Qty column
(BackOrderedQty + CommittedQty + ReOrderPoint) - (OnHandQty + OnOrder)
* Rounded to the suppliers min order qty for that item
Sort by “Suggested Order Qty” or create a “Needs Ordering” filter, Sug, OQ doesn’t = 0
Select items are click “Requisition”
What is the function of requisition in sales?
Production?
From sales it will requisition a customers’ special orders or if the item is back ordered it will then link the PO to the Sales order.
From Production it will requisition all items that are over committed or not in stock and then link the purchase order to the production order.
User Settings Setup:
Where?
Options?
Edit > User Settings > Requisitions
Process - This means the user can process the requisition to create a purchase order
Edit - The user can edit the unprocessed requisitions in the module
Delete - User can delete unprocessed requisitions
Add - User can add to requisitions
Access - User has access to the requisition list, but without any of the above settings, cannot modify them.
User Settings > Purchase Orders > “Add Requisitions to Open PO”
If this is checked it will process the requisition to an open purchase order if it exists. If there is no open PO for that vendor or if the PO is issued or received, it will create a new PO. If this setting is not checked, a new PO is generated for requisition purposes.
Requisitions button shows:
From here you can:
Which report can you get here?
Items previously requisitioned.
Order No means a PO was created, can select “Hide Processed”
If no PO is created, you can change cost and vendor or delete.
Reports with a template of “Material Requisition” can be found here????
How do you find backordered items sales?
Go to Sales, which shows the “Sales order list” and search if “backordered = true”
Open a Sales Order
What can you do from a Sales Order?
See B/O Qty
Lookup/Change the vendor
Edit non-physical and misc description and cost
What can you do from a Production Order?
See the Stock Level indicator:
Red: No Stock
Orange: Short, but have PO Created (req will not order more)
Yellow: Have Overcommitted Stock
Edit non-physical and misc description and cost- will be sent to req and then PO. Enter Reference No if required for PO.
How can I find shortages and make POs?
See Production List, Highlight Items, Click Requisition.
You cannot see which have shortages beforehand, but they will be sent to the req screen.
How to process a requisition
Click Req
List of items that need ordering populate
Edit vendor, qty, cost if required
Click Process (unless saving for later)
PO # is added to the Order No line on Req List
PO # is added on the related Sales or Production if applicable
The PO will have the customer number and Sales or Production Order # - so receiver doesn’t stock with general inventory
PO can be modified in PO module
