Suppliers

To access your suppliers, click on the 'Suppliers' tile from the main menu.

From the 'Suppliers' section, you can process the following:

Purchase Orders. Raise an order for the purchase of inventory items. You can generate an Arrival Invoice from a Purchase Order.

Inventory Arrival. Accept new inventory into the business. Items are added to inventory quantity on hand, and the creditor balance is increased.

Consignment Note. Inventory is received into the business, quantity on hand is incremented, and the creditor balance is not increased. All items received are marked as 'Consignment'.

Consignment Invoice. Inventory is received into the business, quantity on hand is not incremented, and the creditor balance is increased. All items are marked as 'Consignment' unless the item being updated is marked as 'Display'.

Display Invoice. Inventory is received into the business, quantity on hand is not incremented, and the creditor balance is increased. All items received are marked as 'Display'.

Inventory Returns. Send back inventory to the supplier. Inventory levels are reduced upon saving the return. Applying a Credit Note Number indicates that the return is ready for accounting export, if this process is used.

Floor Plan/Consignment Returns. Return inventory that is held on consignment. Inventory levels are reduced upon saving, but no total value is recorded for the return.

Supplier Credit. Enter a credit amount without actually returning any inventory, i.e., the supplier has extended a credit to the business. Inventory levels are not updated. This is only used if you are tracking creditor balances in Optomate.

Payments. Process a supplier payment. This is only used if you are tracking creditor balances in Optomate.