Purchasing

You can manage and maintain supplier related activities with SAP business one, including issuing purchase orders, updating inventory quantities,  calculating the landed cost value of imported items, delivering goods, and handling returns and credits.

Purchase order  – create purchase orders for materials or services you order, and print, mail, fax, or e-mail them directly to the supplier. A purchase order can be created from a sales order to ensure that the appropriate levels of goods are in the warehouse on the required shipping date. A purchase order updates the available quantity of the ordered items and informs the ware- house manager of the expected delivery date. In addition, you can split a single purchase order into multiple parts when, for example, items need to be shipped to multiple warehouses.

Goods receipt purchase order – decide whether you would like to receive deliveries at one warehouse or multiple warehouses goods receipts may be linked to a purchase order, which means that the purchase order quantity can change if the quantity received does not match the original order amount. For items that need to be returned to the vendor, a goods return document can be created to either partially or completely reverse the quantity and prices in goods receipt po.

AP invoice – process payments to suppliers by acting on journal entries the software automatically generates when you process supplier invoices.

AP credit memo  – issue a credit memo to any supplier for returned merchandise. You can quickly draw the data required for that credit memo from the original invoice.

Landed costs – calculate the purchase price of merchandise by allocating the various landed cost elements (such as freight, insurance, and customs duties) to the fob cost of each item. the actual warehouse value of merchandise updates automatically.

Down payments – manage your vendors’ down payment requests for purchase orders. You can process the down payment with or without an invoice, and can decide whether you would like to create the appropriate accounting postings once the down payment is made or only document without creating any postings.

Freight charges – track and document any additional costs like freight chargesinvolved in purchasing transactions such as insurance, shipment or other fees that apply to your goods.

Document drafts and printing  – edit and manage all purchasing documents that have been saved as drafts and print them (including drafts) by period, document number, or document type.