Receive by Dollar Amount

How to Create a Receive by Dollar Amount Requisition

The Receive by Dollar Amount Requisition in NUFInancials training in Knowledge Base walks Requesters through the process, step by step.

Fluid Receive by Dollar Amount Requisition in NUFinancials

Primary Use

This requisition should be used for services when the actual amount due after completion of the project may differ from the original quote that the Purchase Order was based on. This allows departments/schools to receive by dollar amount as opposed to by quantity.

Receive by Dollar Amount can be used for lengthy service projects that involve more than one invoice to be paid over several months, or if project requires deposit and then second payment upon completion of project

Prohibited Use

This method should not to be used to pay multiple invoices to a vendor when products are ordered. You must create a standard requisition for each of these orders.