![]() Now let us take a detailed look at the first step in the purchasing process: the purchase order.Ī purchase order is a commercial document issued by a buyer to a seller specifying the items or services that the seller will provide the buyer. The A/P invoice triggers an outgoing payment to the vendor. ![]() After the items are inspected, an A/P invoice can be created. When the vendor delivers the printers, a goods receipt PO is created. When the stock dips too low, purchase orders are used to begin the purchasing process. A minimum inventory of 15 printers is needed to fulfill regular customer orders quickly. ![]() Let us look at the process steps in our business example with a concrete example. When the stock is low on those items, you reorder the items using a procurement process with 4 steps: You maintain a minimum inventory level for some of these items, such as printers. In our business example, we ask you to imagine that your company purchases items for resale. As we go through the process, we will explain the consequences of each process step on inventory and accounting. Welcome to the topic on purchasing items in SAP Business One, we will perform the basic steps for purchasing items.
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