Manages and maintains vendor contracts and transactions,
including issuing purchase orders, updating in-stock
numbers, calculating the value of imported items,
handling returns and credits, and processing payments
Purchasing enables you to manage and maintain every
aspect of your vendor relationships. Tools and processes
include:
Purchase order -- Allows you to issue
a purchase order to vendors for materials or
services, update the available amount for the
items ordered, and notify the warehouse manager
of the expected delivery date
Purchase delivery note -- Updates the
actual in-stock amount without affecting the
vendor's account balance
Purchase return -- Records goods returned to
suppliers
Purchase invoice -- Records supplier
invoices and simultaneously records a stock
entry
Purchase credit note -- Credits
suppliers upon return of goods or for any other
reason that would require such credit
Import -- Calculates the landed value
of imported goods and helps allocate different
types of costs and expenses such as shipping,
insurance, and customs
Want to learn more about SAP Business One? Contact
AdvanceOne at +27 11 367 9050
Purchasing 
