What document is typically generated once a Purchase Requisition is approved in GFEBS?

Once a Purchase Requisition is approved in GFEBS, the document that is typically generated is a Purchase Order. This document serves as a formal request for the acquisition of goods or services from a vendor. It contains essential information such as the item description, quantity, agreed prices, and terms of delivery. The creation of a Purchase Order signifies that the purchasing process has moved forward and establishes a contractual agreement with the vendor to fulfill the requested procurement.

In this context, the Purchase Order is a critical step in the spending chain as it facilitates the next stages, such as receiving goods, processing invoices, and making payments. It ensures that both the buyer and the seller have a mutual understanding of the transaction specifics, thus playing a pivotal role in the overall procurement process.