Acquisitions

Library acquisitions refer to the process of acquiring new resources such as books, journals, DVDs, CDs, and other materials to add to a library's collection. This process is essential to ensure that a library's collection is up-to-date, relevant, and able to meet the needs and interests of its patrons.

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

• Creating fund structures and managing money
• Creating and managing purchase orders
• Receiving materials ordered by the library
• Tracking and managing the payment of materials
• Creating and managing organizations and vendors

Acquisition functions in FOLIO are comprised of the Finance, Invoices, Orders, and Receiving apps in FOLIO.

The Acquisitions and Accounting Section also manages the Licensing App in FOLIO. Information about Licensing is found under the ERM section of the libguide.