5 Bill v Purchase Order
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Revision as of 15:37, 1 February 2012 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 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.
