Purchase Orders

Articles

Purchase Orders
Overview Track the ordering of product through the system at Inventory / Purchase Order . For regular purchases, this is an optional step. However, if prepaying a vendor for specific product, a prepaid Purchase Order is used to track the payment...
Inco Terms
Inco Terms may optionally be set up for use on Purchase Orders at Accounting / Setup / Inventory / Inco Terms . Code – Enter the 3-character Inco Term code. Description – Enter the description for the Inco Term. ...
Purchase Add-On Method: Partially Prepaying a Vendor with a Rate of Percent
The Purchase Add-on Charge method may be used for handling partial Vendor Prepay. Note: This situation is designed for those who do not intend to pay the remainder of their Vendor contracts until shipment is received. In this scenario, the ...
Direct Ship Purchase Orders
Overview Product purchased for a customer and delivered directly to the customer’s site may be entered as a Direct Ship Purchase Order. The vendor invoices the company and the company invoices the customer, but the product is never physical...
Mark Purchase Order Completed
The Purchase Order is updated as product is received and/or invoiced against the PO. Often, the exact amount received varies from the original order. Purchase Orders do not affect inventory, so inventory quantities are not an issue. To mark the Purc...
Voiding a Purchase Order
Sometimes it is necessary to void a Purchase Order. Purchase Orders may be voided regardless of the prepay status of the Purchase Orders. If a Purchase Order has been received or invoiced off of at all, it cannot be voided. However, if the PO will ...
PO Types and Purchase Add-on Charges
PO Types User definable Purchase Order Types may be entered at Accounting / Setup / Inventory / PO Types . Once entered, they can be selected at the Purchase Order screen when adding or editing. Some common uses for Purchase Order Types might be...
Purchase Add-On for Vendor Partial Prepay
The Purchase Add-on Charge method may be used for handling partial vendor prepay. This situation is designed for those who do not intend to pay the remainder of their vendor contracts until shipment is received. Setup Set up Purchase Add-On Charg...