purchase Order,Purchase Receive Inventory

 Purchase Order

Purchase order is a written order to the suppliers for making an order which item we need. Companies make these as evidence. The process is started with the vendors account.

First Step:

 First of all we have to make vendor from whom we made our orders, to make vendor go to maintain button then select vendor a new window is open write the vendor ID, Vendor name and then write the purchase account in the second tab Purchase Default.

Second step:

After making your vendor you have to make inventory item and for again go to maintain menu and select Inventory Item., anew window is open in which we have to fill the item ID, description then write GL Accounts of sales, inventory, cost of sale then press save or press ALT + S.

Third step:

After making vendor and inventory item, go to tasks on menu bar and select Purchase Order, anew window is open. In this window first you have to select the vendor by clicking on vendor ID then your vendor is open after that you have to fill the PO No, and fill the boxes of Quantity, Item, description, Quantity amount, and unit price and press Ok the amount is calculated.

Fourth step:

After placing an purchase order, when the purchases is received by the company then the company record it in the Purchase/Inventory received after clicking on it a new window is open.

When a new window is open enter the vendor ID when you enter the tab is change from Apply to purchase to Apply to Purchases order. Then after that enter the received quantity in received box and fill the box Invoice No. and press ALT +S.

NOTE:

Purchase order No. is important in purchase order if we don’t enter PO NO. then when we will go to purchase receive inventory then tab is not change from Apply to purchase to Apply to Purchases order.