Chapter 4: Purchase Orders and Returns

 Understand the set up needed for Payables Management and Procurement and
Sourcing
 Create Vendors
 Create Purchase Orders
 Generate Receipts Lists and PO Receipts
 Generate the Vendor Invoice
 Perform Receipt Correction, Cancelations and PO Returns
Understand the set up needed for Payables
Management and Procurement and Sourcing

 Vendor posting profiles

 Vendor group and Item posting Main accounts
 Modes of delivery
 Charges
 Vendor reasons
Create Vendors

 Vendor account – System or User generated

 Name
 Required Vendor group
 Address name, Description and Purposes
 Postal code
 Mode of delivery
 Purchase site
Create Purchase Orders

 Purchase types: Journal, Purchase order, Returned order, Quotation,

Subscription
 Header view and Line view
 Purchase order header
 Purchase order lines
 Line details
 Confirm and Confirmation
 Print option
Generate Receipts Lists and PO Receipts

 Receipts list – used by warehouse person to check in shipment

 Product receipt – used to record the receipt of quantities into inventory
 Enter required Product receipt number referencing external document
 Select both Posting and Printing
 Optional Credit limit check (Other tab)
Perform Receipt Correction and Cancelations

 Product receipt journal

 Use the Correct and Cancel buttons
Generate the Vendor Invoice

 Required Invoice identification Number

 Post button
 Optional Print selection
Vendor Returned Order

 Three methods for a Returned Order

 Create a PO and use a negative quantity on the line
 Create a Returned Order (RO) and enter a negative quantity on the line
 Create a PO, then select Credit Note from the Purchase tab on the Action Pane
 Generating the Invoice creates the Credit Note