CU Marketplace How-to: Requisition Status and Approvals [1]
When a shopping cart is submitted, it's turned into a Requisition.
- Small dollar requisitions ($10,000 and under) that not include a Payment Voucher automatically create a PO.
- Large dollar requisitions (over $10,000), and any requisitions that contain a Payment Voucher, automatically route for approval in CU Marketplace. You can see those approvals on the PR Approvals tab.
Review the graphic below for more details about the Requisition Summary:
1) The status of the requisition is show in the General section of the Summary page - when the requisition has completed workflow and is turned into a PO, this will show Completed. Until then, this section will show what stage of the workflow the requisition is currently in. Once turned into a PO, the Purchase Order number and link will appear at the bottom of this section
2) Notes for the requisition are included in the Comments tab
3) Related documents should be stored in the Attachments tab
4) The funding of the prospective order is noted in Accounting Codes
5) In the workflow section, the individual that initially submitted the order will be noted under Submitted. Note that the remaining notes (6, 7, and 8) are just a sampling of some of the common workflow steps that could be included in a requisition depending on what form is used and how it is funded
6) Financial Approval is given for each SpeedType by an individual with a fiscal role on the SpeedType (except Officer), who is also a CU Marketplace Approver. It is required for requisitions over $10,000 and for Payment Vouchers in any amount
7) Sponsored Projects approval is required for requisitions over $10,000 if Fund 30/31 is used for all or part of the purchase.
8) Purchasing Review notes Procurement Service Center (PSC) approval. It is required if the requisition contains non-catalog items and totals over $10,000, or if the requisition contains only catalog items and totals over $25,000