Inventory Control Purchasing

Inventory
Inventory reaches low and a Status Report
request is sent

Agent
Prepares Inventory selects
Summary and sends supplier
to General Journal
Creates digital
purchase orders
and prints three
hard copies
A

Purchase Order 3
Inventory Purchase Order 2
Subsidiary Purchase Order 1

Receiving Report
2

File PO
Supplier

Agent closes
open purchase
order
ng Accounts Payable Receiving

Temp Supplier
File PO Delivers
Supplier Invoice Goods

Packing Slip

Reconcile
reates digital Both Files
urchase orders Inspects and
d prints three verifies
hard copies goods

Create two
Records purchases in purchase journal and copies of
records liabilities in AP subsidiary receiving reports

Receiving
Report 1

Receiving
Report 2
File PO
and AP Subsidiary
Invoice
File PO

Goods and
report go to
Search for invoices warehouse
that are due

Close liability
and prepare
journal voucher

Prepare checks in
digital register. Negotiable
Check Portion
Prepare checks in
digital register. Negotiable
Check Portion

Check Copy
Filed
Supplier
ng General Journal

Supplier A B
Delivers
Goods

Inventory Journal
Summary Voucher
nspects and
verifies
goods

Update accounts
from documents

Receiving
Report 1

Receiving
Report 2
AP Control

Inventory Control Cash Accounts