Angelica at 18:41, 19 November 2014

2014-11-19T18:41:16Z

Angelica: Created page with "'''Bill v Purchase Order''' '''Bill v Purchase Order - Do you understand the difference between a Bill and a Purchase Order with reference to accounts being entered on Bills,..."

2014-11-19T18:40:58Z

Created page with "'''Bill v Purchase Order''' '''Bill v Purchase Order - Do you understand the difference between a Bill and a Purchase Order with reference to accounts being entered on Bills,..."

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'''Bill v Purchase Order'''

'''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?'''

A Bill is for posting expenses like telephone, power etc. Typically for your overhead accounts. Where as a Purchase Order is for ordering in products and services. Purchase Order is for running inventory or even non inventory but tracking your COGS(Cost of Good Sold).

* The '''Bill Button''' gives the user the ability to enter a Bill for listing an '''Expense''' to pay into the ERP system and assigning it to an account. A '''Bill''' could be typically used for utilities such as a phone bill or electricity bill.
* Using a '''Credit''' is the opposite to a Bill 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.

@@ Line 7: / Line 7: @@
 * The '''Bill Button''' gives the user the ability to enter a Bill for listing an '''Expense''' to pay into the ERP system and assigning it to an account. A '''Bill''' could be typically used for utilities such as a phone bill or electricity bill.
 * Using a '''Credit''' is the opposite to a Bill 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.
+* A '''Purchase Order''' is used when ordering goods/products from a supplier or services and a '''Negative Purchase Order''' is used as a credit for accounts and products.

4. Bill v Purchase Order - Revision history

Angelica at 18:41, 19 November 2014

Angelica: Created page with "'''Bill v Purchase Order''' '''Bill v Purchase Order - Do you understand the difference between a Bill and a Purchase Order with reference to accounts being entered on Bills,..."