Purchasing

Purchasing is one of the well-researched module that allows both Import and Local purchase. It also has features that allow for the computation of expenses incurred to determine the actual cost of goods which in turn allows one to determine the selling price. Purchase (local and import) increases the stock in the database.
Should there be need to return the goods to the manufacturer for any reason, the system provide the following to reconcile the stock and the monetary value:

• Goods Return (Debit Note) – This is made after you've bought goods then you find out they are damaged,defective or not the goods you ordered.When you return the goods to the supplier you create a debit note.It only affects stock whereas you need to do credit memo to make the same changes to the supplier statements.
• Accounts Payable Credit Memo – This is done to reduce the amount of money owed to the supplier after the goods return (Debit Note) is done. The amount is always equal to the value of the items returned.

NOTE: This is especially helpful because it will help you compare the amount owed to the receiving supplier statement.