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5 Bill v Purchase Order

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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.