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In FOLIO, acquisitions includes essential functions. These functions include:

  • Creating fund structures and managing moneyCreating and managing purchase orders

  • Receiving materials ordered by the library

  • Tracking and managing the payment of materials

  • Creating and managing organizations and vendors

  • Creating fund structures and managing budgets

The acquisition of library materials is governed by a set of rules and policies. These rules and policies are defined by the library and implemented in the Finance, Invoices, Orders, and Organizations areas of the FOLIO Settings app.

FOLIO community docsdocumentation for resource management can be found here.

Five College documentation:

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