Purchase orders can be powerful for your business. If you aren’t using them yet, consider the following situation:
- You call up the supplier/vendor, bargain for various products.
- Wait for the goods and invoice to arrive, after a few days.
- While entering the invoice you
- Try to remember who ordered the goods,
- at what price,
- and if the quantity is matching what was required.
Instead consider the following…
- Whilst speaking to the supplier, you start entering your purchase order.
- During which you have a live view of previous purchase history
(Which can help your bargain by being more informative)
- During which you have a live view of previous purchase history
- You wait for your goods and invoice to arrive.
- Find your purchase order, while seeing who issued it and when, convert it to a suppler invoice, and save it!