Purchase Invoices

When the invoice for the product is received, enter the cost of the new product along with due dates and any discounts at Inventory / Purchase Invoicing . This function updates the Average and Last Costs of the product based on the pricing on this ...

Multi-location companies often transfer product from one Location to another. Using the Multi-ICT option allows easy creation of Purchase Invoices from multiple Inter-Company Transfers (ICT). At Accounting / Inventory / Purchase Invoicing , se...

Purchase Invoice – This is saved in the purchase tables. Inventory Quantities – The Product On Hand quantity is updated according to the following rules: Originated with Purchase Receipt – Inventory is adjusted by any chan...

Purchase Invoices may be voided regardless of whether the bill created by the Purchase Invoice is paid or unpaid. Voiding a Purchase Invoice creates an exact opposite of the original Purchase Invoice, therefore affecting the general ledger an...

There are a variety of ways freight is handled when entering a purchase, depending on if the freight vendor is the same as the product vendor. Product Vendor is the Freight Vendor It is easy to apply the freight cost to the product if the product ...

Products in Profit Margin Departments are generally items such as hardware or miscellaneous parts. They are items that have an inventory value, but when counting inventory, each item may not necessarily be counted. An example of this would be a depa...

Mark Purchase Receipts as processed, create unpaid bills, update costs, and affect the General Ledger. Navigate to Accounting / Inventory / Purchase Invoicing and select Add .  Choose the vendor entered on the related Purchase Receipt and...

Direct Purchase invoicing updates inventory Amount On Hand, creates unpaid bill, updates costs and affects the General Ledger. Navigate to Accounting / Inventory / Purchase Invoicing .  Select Add on the Select a Purchase Invoice window...