Using Requisitions, Purchase Requests, and Purchase Orders
Every business needs to purchase various things to keep its doors open. A software company might only need to pay for things such as rent, utilities, and office supplies, but a manufacturer or wholesale distributor needs to also purchase at least some of the products they will sell. In Chapter 11, Items and Related Lists, we talked about the various types of items NetSuite supports and their various uses. We can enter purchases into the system for any items that were set up as either an inventory type item or a non-inventory or service type item, using either the For Purchase or For Resale transactions. Let us start looking at these PTP transactions by covering the various ways NetSuite lets us enter and track purchases.
As we talk about the PTP process in this chapter, remember that NetSuite does not have any screens or features using that phrase. Instead, the system refers to all of the things we will discuss...
