How are purchase orders processed?
A. In accordance with IIT policy, purchase orders are required for the procurement of goods and services in excess of $500. Because purchase orders are processed electronically please contact your departmental representative for the initiation of requisitions, which will become purchase orders. The purchasing system expects that funds will be available in each budget line item when a requisition is processed. If funds are not available in a line item FRS will not allow the requisition to be processed beyond screen 256. If funds are available in the overall account, the requisition can be approved in Project Accounting. Please contact Derek Usman at 312 567-3337 or usman@iit.edu for assistance with screen 256.
Related Questions
- If Im receiving a EDI Purchase Order and responding with a Purchase Order Acknowledgement via EDI, will the commtments of new Purchase Orders be processed on the web?
- An amendment has been submitted, but it hasn been approved yet. Can purchase orders be processed or funds encumbered?
- How are purchase orders processed?
