What is the difference between a purchase requisition and a materials requisition?
A purchase requisition is a document prepared by the scheduling department, informing the purchasing department of materials that will be needed. It is prepared well in advance of the production date. A materials requisition is a document prepared by the manufacturing or scheduling department, requesting that materials be moved from storage to the factory floor so that production can start. It is the source document for journalizing the materials cost in the work in process and factory overhead accounts.
