What is the meaning of indenting?
This query is : Resolved
29 February 2012
Dear Experts,
Please explain me the meaning of indenting with respect to materials or purchases?
Thanks & Regards,
Rajesh.
Please explain me the meaning of indenting with respect to materials or purchases?
Thanks & Regards,
Rajesh.
CMA Ramesh Krishnan
(Expert)
29 February 2012
Indenting nothing but the giving requirement for the purchase of materials or goods for production or consumption or any other purpose
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Maninder Jain
(Expert)
01 March 2012
The word "indent" may have arrived from "Intend" or "intention"
Let us say there are two department in company. One is Purchase department & another is manufacturing department. Now if Manufacturing department want some items to be purchased, it will give its written request to purchase department. This written request is called Indent
Let us say there are two department in company. One is Purchase department & another is manufacturing department. Now if Manufacturing department want some items to be purchased, it will give its written request to purchase department. This written request is called Indent
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