1. Vendor

• Vendor

2. Purchase

Purchase Process

Why systematic purchase management?

• If a startup company There may be only the owner and/or assistant, so the purchase record may only be retrospective, i.e. it was purchased before. Then take the receipt and save it in the system.
  
• As the company grows more have more employees In order to prevent improper purchases, it is necessary to have a system to help control, for example, if there is a request for an order, it must be approved first. and the purchase of all products and services of the company This must be done through the purchasing department only.
  
• The purchase value affects cost of running a business A company that can manage the order well. will make the company have a good performance
  
• The credit term received from the partner will affect the company's cash flow.
  

1. Purchase Request

• Purchase Request Purchase Request (PR)

2. Purchase Order

• Purchase Order (PO)

3. Receive goods/services

• Goods Receipt (GR)

• Debit note/Debit note Accounts Payable (AP)

• Account Credit Note (ACN)

4. Payment

• Payment Voucher (PV)

• Advance Payment (PA)

2. Purchase Order (PO) or
3. Accounts Payable (AP)

Updated on: 30/09/2022