Purchase Documents are the commercial documents issued by the buyers to the sellers that indicates type, quantity, and agreed rate for services or products. If any organization purchase any products from vendors then purchase order need to create for the product with price. If you wish to view the entire list of the purchase documents, then click on “Purchase Document” Option available at the drop down list of Purchase category.
– It is the purchase quotation by which reserve quota of inventory get affected. Means whenever order place. Inventory of that quantity will be reserved in database.
For quotation (before purchasing) there will be purchase order generated and for payment (after purchasing) to vendor there will be invoice generated.
After you click on “Purchase Document” Option, a list of all purchase documents appears with some of the essential details such as Record type, Status Id, Document number, Linked Document, Suppliers invoice number, Vendor, Created by and amount of the document.
