What step must be taken before saving a purchase requisition to ensure funds are available for the intended acquisition?

Before saving a purchase requisition, conducting a funds check is essential to ensure that there are adequate funds available for the intended acquisition. This step verifies that the organization has allocated sufficient budgetary resources to cover the costs associated with the purchase.

By performing a funds check, you can identify any potential financial constraints or budget shortfalls ahead of time. This helps in preventing any overspending and ensures compliance with fiscal regulations. It confirms commitment to responsible financial management within the procurement process.

The other options relate to different stages in the procurement process. Obtaining vendor approval is not necessary before verifying funds; instead, it typically occurs later in the process after a purchase requisition is properly vetted. Creating a purchase order and preparing an invoice are subsequent steps that follow the funds check and requisition approval. Thus, ensuring that funds are available is a critical preliminary step for any acquisition process.