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OSAS Purchase Order
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PURCHASE ORDER

It's important to keep a watchful eye on the goods and services your company receives. OPEN SYSTEMS® Accounting Software (OSAS) Purchase Order application gives you the power to take complete control of purchase order processing, from the moment you decide to buy through the time the purchase is fully received and invoiced. When you add Purchase Order to Accounts Payable, you can specify and confirm every aspect of orders you place with your vendors - every step of the way.

Maintain control, increase flexibility and accuracy, and save time

You detect shortages and incorrect invoices so that you only pay for the items you've received, and you pay for those items only once. You can specify, confirm, and track every detail of an order you place with a vendor. You can indicate how you would like your goods shipped. You can confirm when, how many, and how much. And most importantly, you can track your original order until it's completed.

You'll be able to return goods to vendors and change existing purchase orders. You can also enter multiple receipts of goods and invoices for each line item until the order is filled. With horizontal line entry, a single keystroke lets you revisit header fields and transaction totals. You can add, change, delete, and view line items.


OSAS Purchase Order Offers Choices
and Flexibility With These Key Features:
bullet Enter goods received into inventory immediately with the Receive Goods feature. This allows you to sell the goods right away, even before you're invoiced for them.
bullet You'll have easy online access to vendor information and comments as well as inventory item quantities, costs, and prices through information windows.
bullet Make requisitions to Purchase Order from Inventory, Sales Order, and Accounts Receivable invoicing for non-stock, out-of-stock, or drop ship requirements. The purchaser can then use these requisitions to create open orders.
bullet You'll be able to allow a different ship-to date for each line item for each order. This allows you to specify when you want to receive each individual item. Define a single blanket order, scheduling shipments over a period of time.
bullet When General Ledger is interfaced, you can post accrual entries for items that have been received but not invoiced.
bullet You'll have the ability to print purchase orders either on blank paper, which saves you the cost of pre-printed forms; or on pre-printed forms for a more formal look.
bullet You'll get fast, easy online access to invoice and receipt-of-goods information with information windows.
bullet Save time with quick-entry and defaults on headers, making transaction entry easy and efficient.You decide which fields are important.
bullet You'll be able to define, edit, and list ship-to addresses to be used in each order.
bullet View the total for an entire order, or view separate totals for each invoice applied against an order. Separate terms, payment, and discounts are kept for each invoice.
bullet Automatically generate requisitions in Purchase Order based on reorder information from Inventory. The purchaser can then use the requisitions to generate open orders.
bullet Track when shipments are due with the Scheduled Delivery Report. Plan for future shipments or expedite past-due orders.
bullet Calculate required sales tax on each order. Up to five tax locations may be used, with tax on freight, miscellaneous, and tax on tax.
bullet Estimate taxes accurately by utilizing a tax class associated with each line item. Totals will have a tax class for freight, miscellaneous, and sales tax adjustment.
bullet Easily check on the status of a vendor's PO. You can query about the daily transaction file for purchase orders. Search by vendor ID, purchase order number, receipt number, invoice number, or status. Drill-downs to line items, serial numbers, and lot numbers are included.
Purchase Order Reports:
bullet Open Order Report
bullet Receipt and Invoice Report
bullet Purchases Journal
bullet Returns Journal
bullet Scheduled Delivery Report
bullet Receipts and Invoices Report
bullet Accrual Verification Report
bullet Goods Not
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