Capital item request
Any running projects are need to material that is capital that need to separate request form to purchasing department, some organization are not maintain separately but the financially and accounting effects are deferment than other material of capital goods, if the strong accounting and need to get benefit in taxes that each project need to accounting material purchase separately.
Capital goods / item request note is issued by project / planning or department that need to compliance of the requirement of the machinery / office / building construction etc.. , this issue slip given to purchasing department with remarking the capital goods basic type of used. Mostly capital goods are purchasing in industrial used as below:
- Construction material
- Vehicles / transportation
- Tools / Equipment ( including machinery)
- office / system equipment
Purchasing materials are used with justification is also required, running projects or required materials are used and what benefit will be get as return, organization are expecting against investment some thing return as cost reduction, explanation in capacity, quality improvement etc… Organization also calculate the value of the materials will be installed at its end to understand and estimating the project value.
EXAMPLES, SAMPLES & FORMATS