materials requisition

materials requisition
= stores issue note; = stores requisition
A form requiring that a specified item be issued from an organization's stores for a specified use. Such a requisition is usually a prime document, which must be properly completed and authorized. It will contain a description of the material, commodity code, job number or accounting code, and the value of the material transferred from store to expenditure. The material requisition is used to credit stock and debit expenditure.

Accounting dictionary. 2014.

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Look at other dictionaries:

  • requisition — A form that requires the recipient department or organization to carry out a specified procedure. Examples are purchase requisition, materials requisition, and manufacturing requisition (see production order) …   Accounting dictionary

  • requisition — A form that requires the recipient department or organization to carry out a specified procedure. Examples are purchase requisition, materials requisition, and manufacturing requisition (see production order) …   Big dictionary of business and management

  • materials returns note — MRN; = stores returns note; = SRN A form that records the return of material to store. A prime document, it contains similar information to a materials requisition and is used to debit stock and credit expenditure …   Accounting dictionary

  • requisition — ► NOUN 1) an official order laying claim to the use of property or materials. 2) the appropriation of goods for military or public use. 3) a formal written demand that something should be performed or put into operation. ► VERB ▪ demand the use,… …   English terms dictionary

  • requisition — n. & v. n. 1 an official order laying claim to the use of property or materials. 2 a formal written demand that some duty should be performed. 3 being called or put into service. v.tr. demand the use or supply of, esp. by requisition order.… …   Useful english dictionary

  • requisition — [ˌrɛkwɪ zɪʃ(ə)n] noun 1》 an official order laying claim to the use of property or materials. 2》 the appropriation of goods for military or public use. 3》 a formal written demand that something should be performed or put into operation. verb… …   English new terms dictionary

  • stores requisition — See: materials requisition …   Accounting dictionary

  • SIN — Abbreviation for stores issue note. See: materials requisition …   Accounting dictionary

  • stores issue note — SIN See: materials requisition …   Accounting dictionary

  • SAP MM — is the materials management module of the SAP ERP software package from SAP AG. Materials management is integrated with other modules such as SD, PP and QM. Materials management is used for procurement and inventory management. The module has two …   Wikipedia

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