Item Master – Purchase
Item Details in relation to purchase department/activity, are captured in this tab.
Is Purchasable?
Specify if the item can be bought from any supplier. This will be set to Yes for all bought out items.
Buy Item Without Order?
Goodbooks is set to work as per the industry best practices. As per the best practice, no items should be bought (Material Inward) without valid Purchase Order. This is the default working.
In some industries and organizations, it may be required such that some items can be bought without order. Goodbooks provides this option based on setting, if required. The following setting are to be done to enable this.
- In Biz.Transaction Type enable Non Selection Entry Allowed? as Yes.
- Mark item as Buy Item Without Order? as Yes
- Mark supplier as Buy Item Without Order as Yes
When all the three options are enabled, then system will allow users to receive (Material inward) without valid order.
** It is highly recommended that this option is used only with clear understanding on the implication.
** Make sure that
Procurement In-charge
Name of the person, who is responsible for procuring this item.
Purchase Rate
Master Rate of purchase for this item.
Purchase Rate(Inclusive)
Master Rate of purchase for this item, inclusive of all duties and taxes.
Purchase Cost(NLC)
Master Net Landing Cost (NLC) for this item.
Purchase Currency
Specify the currency in which Rate is mentioned. By default this will be the Currency of the organization.
Minimum Order Qty (MOQ) or Economic Order Qty(EOQ)
The minimum quantity that can be ordered economically. Default 1.
Lot Size
Order lot size. Orders can be placed in multiples of this lot size. Default 1.
Revisions
- May 20, 2014 @ 16:39:23 [Current Revision] by vv
- May 20, 2014 @ 16:37:18 by vv
- May 20, 2014 @ 16:36:01 by vv
- May 20, 2014 @ 16:34:54 by vv
- May 20, 2014 @ 16:32:32 by vv
- May 20, 2014 @ 16:27:55 by vv
- May 8, 2014 @ 16:58:34 by vv
- May 8, 2014 @ 14:17:52 by vv
