Defining and maintaining rules for purchasing [AX 2012]

The topics in this section help you set up the rules and parameters that govern purchasing in your organization. Topics include information about:

• Creating purchasing policies that control spending (for example what can be purchased, from whom, when, and in what quantity)

• Creating fixed asset determination rules to control how fixed assets are managed

• Configuring purchasing parameters and setting the default values that appear during purchasing transactions

• Configuring basic purchasing control tables

About purchasing policies

Key tasks: Create purchasing policies

Set up policy parameters

Set up a procurement catalog policy rule

Set up rules for demand consolidation and for creating purchase orders

Set up procurement and sourcing parameters

Set up update of purchase order lines

Set up a reapproval rule for purchase orders

Set up vendor rebate agreements