purchase order creation

§  Exact use of cost prices from purchase order when invoicing sales order

§  Purchase orders can be initiated from production orders, sales orders or inventory coverage rules

§  Easy creation of purchase orders with direct linkage to the sales order to support just-in-time purchase for customer requirements

§  Includes inter-company purchases

Conversion of currency on open orders

§  Real-time conversion of currency on open orders

Easy-to-use price overview

§  Accurate and real time price calculation for increased customer service

§  Easy access to individual customer prices and discounts

§  Possible to compare cost prices against revenue

Unit conversion and handling

§  Automatic conversion of purchase units into inventory handling units

§  Automatic conversion of inventory handling units into sales units

§  Price and discount agreements can be applied to different sales units

Direct open-transaction editing

§  Settle invoices when posting credit notes

§  Settle prepayments when posting invoices

Direct settlement of invoices from order

§  Easy creation of credit notes from invoice journals

Backorders

§  Quick overview of current backorders for both purchase and sales orders

§  Notification of backorders when receiving goods

§  Follow up on purchase backorders

§  Print backorder information on delivery documentation and invoices

Alternate items

§  Automatic substitution of  unavailable items with alternate items

Delivery fulfillment status, partial delivery

§  Notification of partial deliveries and remainders on sales order documents

§  Specify acceptance parameters for excess and under delivery

Cost price principles

§  Cost price principles: FIFO, LIFO, standard cost price, and weighted average

§  Individual cost price principles per item group

One-time customers and suppliers

§  Real time creation of new customers and suppliers when creating orders

C.O.D. (Cash On Delivery)

§  Printing of C.O.D. documents when invoicing

§  Follow-up on C.O.D. outstanding

Ledger reconciliation

§  Easy reconciliation of inventory values versus ledger transactions for revision purposes

Allocation of miscellaneous charges on cost prices

§  Different methods of handling miscellaneous charges available

§  Add miscellaneous charges to item cost prices

§  Post-adjustment of item cost prices possible for allocation of subsequent costs

Intercompany

§  Real time creation and update of inter-company sales orders from purchase orders and vice versa

§  Receive items automatically based on the selling subsidiary’s delivery note

§  Invoice items automatically based on the selling subsidiary’s invoice

§  Make stock-on-hand inquiries in all subsidiaries

§  Exchange of information between subsidiaries is possible without having to use identical identification for customers, vendors, items, units, etc.

Blanket orders

§  Create and maintain purchase and sales blanket orders

§  Create release orders directly from the blanket order

§  View delivery status from the blanket order

Counting and tag-counting

§  Stock-taking with or without locking items

§  Use tag counting and transfer to counting journal

Trade agreements

§  Set up price, discount, multi-line discounts and total discount on customers, vendors, and items as well as groups of these

§  Set up prices and discounts in all currencies

§  Set up future prices and discounts without affecting current setup

§  Automatically retrieve prices and discounts when entering orders

§  Automatically calculate multi-line and total discounts on orders

Returned items

§  Print freight slips and credit notes

§  Possible to post returned items to scrap, repair or inspection and allocate reason codes