The Purchase Order area
contains a complete encumbrance system that updates the budget at the time of
creating a requisition. Once an invoice is entered in Accounts Payable, the
system will automatically relieve the encumbrance and budget balance for each
account affected. Purchase orders may be maintained for the current year budget
or next year’s budget. Read more to find out about PO Entry, Authorization,
Report Examples and Electronic Purchasing. Below are brief descriptions on the
key areas of Purchasing.
Purchase Order Entry
You can allow
your staff to have the ability to enter request and use specific account numbers
by using our purchasing security setup.
Authorization
Purchase Order Authorization is based on user security. From the simplest
concept of one user authorizing all purchases orders to a very complex
authorization schema based on user location, department, position,
administrative group or your own defined structure are
supported.