 | Purchase
Order POP
 | The purchase order processing system allows your staff to enter orders
for things they require into the system. |
| You then authorise the order and produce written confirmation to the
supplier of the things you wish to purchase and the agreed price.
(this saves problems later) |
| When the invoice arrives you can update the purchase order into the
purchase ledger, providing the invoice total matches and the goods have
been received. (You can alter the amounts if your supplier charges you
less or you accept the suppliers revised pricing) |
|
| Receipt
of Goods
| The receipt of goods, clears the purchase order to be updated and
where stock Items are ordered it makes the entries in the stock system. |
|
| Receipt
/ Entry of Invoice
| If you use POP then you can save time entering invoices and checking
them against purchase orders and delivery notes by just updating the
purchase order into the Supplier Ledger. |
|
| Payment
| The Bank module provides a range of ways to pay suppliers BACS
transfers, Online Banking, Pre-printed cheque and/or remittance advices
or just manual cheques with remittance advices. |
|
| Bank
Reconciliation
| Our final check to make sure we have not made any errors. |
|
