Purchasing

Articles

Purchasing Cycle
Overview Purchasing is the process of buying goods and services from a vendor or service provider. The purchasing process can differ from one organization to another, but the key is that it should be orderly and the core elements should be establis...
Vendors
Overview A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing of products and servi...
Creating a Purchase Order
To purchase Items from a Vendor using Order Time we will create a Purchase Order.
Linked POs and Drop Ship POs
Overview A special order is a Purchase Order created when there is not enough inventory to fulfill an Order. The Purchase Order (PO) is linked to the Sales Order. This dependency will make one transaction rely on processing the PO. A dependency is...
How can I enter my purchasing costs for my items in foreign currencies?
The purpose of this article is to help explain how to best enter your purchasing costs when using foreign currencies.
Using Reorder Analysis
With Reorder Analysis, you can create purchase orders and you can use it as a planning tool. Purchasing is considered the most challenging part of inventory management. Buying too much comes with high cost but buying too little may potentially lose opportunities and eventually, the business.
Creating a Reorder Analysis
Reorder Analysis is a tool in Order Time that analyzes data and determines what needs to be purchased. It allows you to identify the items that need to be purchased at a particular time, based on certain business rules, filtering and methodologies. Depending on your business requirements, running a Reorder Analysis can be periodically or everyday.
Create a Receiving Doc
Overview Receiving Docs are transactions that show what Items have been shipped by the Vendor and actually received at your location.  There are three (3) ways to complete Receiving: Receiving without  Purchase Orders Receiving Docs...
Import Lot & Serial Numbers Onto Receiver Line Items
Import Receiver Line Items From a CSV in Order Time Inventory
Vendor Returns
Overview There might be occasions when you need to return an Item or Items back to the Vendor, like the following scenarios: When there is an error in shipping. The Item (s) arrives damaged. You have a special arrangement with the Vendor to ret...