Personal tools

Difference between revisions of "5 Bill v Purchase Order"

From TrueERP wiki

Jump to: navigation, search
(Created page with " Bill v Purchase Order Do you understand the difference between a Bill and a Purchase Order with reference to accounts being entered on Bills, while products are entered throug...")
(No difference)

Revision as of 10:45, 28 June 2011

Bill v Purchase Order

Do you understand the difference between a Bill and a Purchase Order with reference to accounts being entered on Bills, while products are entered through a Purchase Order?

The Bill Button gives the user the ability to enter a bill, listing an expense to pay into the ERP system and assigning

it to an account. The bill could be used for utilities such as a phone bill or electricity bill. 

Using a credit is the opposite to a bill. This is where you typically get a refund from a supplier with no product involvement.

A Purchase order is used when ordering goods/products from a supplier or services and a negitive purchase order is used as a credit for accounts and products.