In this chapter, we start getting into what could be considered the core functionality of most ERP systems. We will begin by setting up a supplier and then purchasing raw material components. After the products arrive, we then receive the products in the inventory and pay the invoice to complete the purchasing cycle.
The topics we will cover in this chapter include:
Examining a typical purchasing process for a business
Setting up your suppliers and warehouse locations
Entering a quote and turning it into a purchase order
Receiving products from your suppliers
Paying invoices