Party branch master has purchase tab which is vital for storing purchase related information like purchase terms, pricing, etc.

Check the Purchase Allowed field to generate other fields under purchase tab. This field must be checked only if purchases are allowed between your organization and this party branch.

• Payment Term

Select the payment terms for purchases specific to the party branch. This maybe based on any payment terms, E.g. Immediate, which refers to immediate payment without any credit.

• Purchase Terms Set

Purchase terms set relates to a set of terms agreed by the party branch and your organization. These terms maybe common to other parties as well or maybe unique.

• Purchase In charge

Purchase in charge is the employee responsible for the purchase transaction between the party branch and your organization.

•  Purchase Pricing

Select the purchase pricing for the party branch. E.g. Dealers will get different prices compared to retailers. Choose the prices accordingly.