Material requisition
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Material requisition is a document used to order material or supplies from the storeroom that provides the basis for charging material into production.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Material requisition. A document used to order material or supplies from the storeroom that provides the basis for charging material into production.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
