Difference between revisions of "5 Bill v Purchase Order"
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Simon Clive (Talk | contribs) (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...") |
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| + | '''Bill v Purchase Order''' | ||
| − | Bill | + | 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 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. | |
| − | The Bill Button gives the user the ability to enter a | + | |
| − | + | ||
| − | + | ||
| − | Using a | + | |
| − | involvement. | + | |
| − | + | ||
| − | A Purchase | + | |
| − | used as a credit for accounts and products. | + | |
Latest revision as of 15:37, 1 February 2012
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 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.
