The List
- Purchase Orders allow you enter product before items are shipped and you are rushed to get product entered and on the floor.
- Purchase Orders allow you to properly calculate your Open to Buy (an important retail metric).
- Adding items to receiving and purchase orders allow you to enter data without effecting your inventory. Make a mistake and just delete the item, no harm done.
- Updating from Receiving and Purchase Orders, keeps a record of what you received when and from which vendor.
- Updating from Receiving adjusts your average cost of goods and properly calculates your inventory valuation.
- Adding items in receiving and purchase orders allows you to take advantage of the Quick Lookups Copy feature (see Tip 001).
- POs allow you to tell customers quickly how many are order from the Sales Screen Lookup.
- Updating from receiving allows you to quickly see vendor pricing histories from the Receiving tab on the Inventory Manager.
- POs allow you to quickly see when an item is due to be shipped on the On Order tab in the Inventory Manager.
- Etc., Etc.