In this chapter, we will cover:
Setting up Automatic Accounting Instructions
Setting up the document type
Setting up order activity rules
Setting up a requisition
Setting up Request For Quotes (RFQs)
Setting up contract/blanket orders
Setting up purchase orders
Setting up Order Approval
Setting up a receipt route
Setting up standard receipts
The purchasing department is an integral part of processing purchase orders, credit orders, and returns. Procurement involves everything from purchase order entry through to actual payment for the goods and services that you receive. This chapter will provide you with details of the procurement management system set-up including how the procurement system integrates with other applications. For example, the procurement system integrates with the accounts payable system and creates a payment voucher. It also integrates with inventory management so that when an item is received it will increase the...