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Purchase Orders

 

 

 

 

Definition

 

An order is a purchase where no service or item has been received. While orders do not affect your financial figures, they do affect your inventory levels. Orders don’t create transactions unless you have paid a deposit to the supplier. An order can be changed to a bill but not a quote. 

 

 

 

 

General Route for Purchase:

Supplier > Quote > Purchase Order > Bill > Pay Bill > Adjustment /  Debit Note

 

 

 

 

 

 

 

 

 

 

 

 

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