How to add purchase order?
Last updated
Last updated
After a staff member creates a Purchase Request (PR), it will be reflected in the Purchase Order module. You will need to edit the PR by selecting the appropriate tax code. You can either click on the corresponding Purchase Order (PO) number to access it directly or choose For Checking and Re-save to update the details. This ensures that the Purchase Order is accurate and compliant with your requirements.
If the PO does not originate from a PR, you can still create a PO directly within this module. Note that the PR does not display the cost of goods, which is why using both the PR and PO modules is optional and depends on your specific process.
Once you’ve finished modifying the form, click the General Form on the right side of your PO. Then, click Approved if the PO is finalized.
Go to the Approved tab. You can still edit your PO if you need to make changes. Click the General Form on the right side of your PO. Then, click Received if the stocks are ready for receiving.
Complete the required details in the form and click once done. The term "weighted average" refers to the system's ability to calculate the average cost of products. Once a price increase is declared in the Purchase Order (PO) for upcoming deliveries, the system will automatically adjust the average cost based on the new pricing. This functionality allows for more accurate cost management and ensures that your pricing reflects the most current market conditions.
Click and go to the Received tab. Note that you cannot edit the PO once it has been transferred to this tab. Click the General Form on the right side of your PO to input the quantity received from your supplier, along with the Batch # and Expiry Date if applicable.
Click if the stocks are not complete and you are still expecting the remaining items from your supplier.
Click if all stocks are finalized and ready to be added to the system.
