5 Bill v Purchase Order
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Revision as of 11:45, 28 June 2011 by Simon Clive (Talk | contribs)
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.
