Purchase

Purchase is how you buy: requests for quotation, purchase orders, and the vendor bills that follow. Each confirmed order tracks what you committed to, what arrived, and what you were billed, line by line, so you pay for the goods you received.

What you can do

• Raise purchase orders. Order from vendors at agreed products and prices.
• Get the best deal. Send requests for quotation to several vendors and compare before you commit.
• Receive and bill against the order. A confirmed order shows received and billed quantities per line, and bills created from the order start from those lines.
• Automate restocking. Reordering rules in Inventory generate draft purchase orders when stock runs low.

Configuration

Set up vendor records and per-product vendor price lists so orders start from agreed terms. Purchase agreements (blanket orders and calls for tenders) turn on in Purchase settings. Each product carries a control policy that decides whether its vendor bills start from ordered or received quantities.

Availability

Related

• Purchase orders — create, confirm, receive, and bill.
• Vendors & RFQs — vendor records, price lists, and quoting several vendors.
• Inventory — goods land as receipts; reordering rules restock.
• Vendor bills — post and pay what the vendor charges.