Fund Requisition
Fund Requisition
Fund Requisition in PrismERP covers the process of requesting and managing funds within an organization. Employees and departments can create fund requisitions by specifying the purpose, requested amount, supporting documents, and expected date of use. Each requisition follows a defined approval workflow, allowing full or partial approval while tracking the status at every stage. Once approved, funds can be disbursed, and all requests, approvals, and disbursements are recorded for reference. The system also provides reports to review employee-wise requests, departmental fund usage, and overall fund allocation.