Manages and maintains vendor contracts and transactions, such as issuing purchase orders, updating in-stock numbers, calculating the landed cost value of imported items, handling returns, and credits.
Purchasing enables you to manage and maintain every aspect of your vendor relationships. Tools and processes include:
Purchase order
Allows you to issue a purchase order to vendors for materials or services, update the available amount for the items ordered, and notify the warehouse manager of the expected delivery date
Purchase delivery note
Updates the actual in-stock amount without affecting the vendor's account balance
Purchase return
Records goods returned to suppliers
Purchase invoice
Records supplier invoices and simultaneously records a stock entry
Purchase credit note
Credits suppliers upon return of goods or for any other reason that would require such credit
Import
Calculates the landed value of imported goods and helps allocate different types of costs and expenses such as shipping, insurance, and customs
Wants to learn more ? Contact AMS sales office.
