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What Are The Four Types Of Purchase Orders In Child Care Centers

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Many child care centers design policies and procedures to assist with the requesting to buy goods or services and purchasing of goods and services. The policies and procedures are designed to maximize the efficiency and convenience of the purchasing process, consistent with good business practices and in full compliance with all applicable federal regulations. Below I have defined and listed four procedures that may be in place at centers for requisitioning and purchasing equipment and supplies. Two of the procedures are related to requisitioning and the other two procedures are for purchase orders. A requisition is a formal request to buy a good or service. There are 2 types of Purchase Requisitions: 1. Special It – these are for goods and services that do not have term …show more content…

Auto-sourced Purchase Order – these are purchase orders that do not require purchasing approval prior to being sourced and dispatched to suppliers. Four ways to cut costs at your childcare center: Staffing: Hiring the right people can make or break your business, and poor hiring decisions will prove to be costly. Once good employees hired, make an extra effort to keep employees happy so that you minimize the turnover rate for your business as much as possible. Entertainment: Filling each day with fun activities while keeping your classrooms full of toys and educational supplies comes at a cost. Actively hunting for toys on websites like Craigslist and local Facebook Sell groups will help you to find unbeatable prices on all kinds of great toys. The same method can be applied when looking for furniture, cupboards, etc. Buy smart and cut out any unnecessary spending. Stay Organized: Being unorganized can cost your business money in many different ways. Misplacing documents, losing files, and missing payments can increase your expenses significantly. Late payments will result in interest charges and late fees. Lost files and documents can result in lost time and the potential replacement

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