Purchase Orders & Vendor Bill Intake
Manage inbound procurement workflows from purchase order creation to Goods Receipt Note (GRN) intake and vendor bill matching.
[IMAGE - Purchase order workspace showing supplier name, ordered items, received quantities, and GRN status]
Procurement Lifecycle
- Issue an official Purchase Order to your supplier.
- Inspect and receive goods via Goods Receipt Note (GRN) to update inventory.
- Match the incoming vendor bill against the GRN to record accounts payable.
Accounting & Ledger Impact
| Account Name | Code | Classification | Debit | Credit |
|---|---|---|---|---|
| Merchandise Inventory | 1200 | Current Asset | Bill Amount | - |
| Accounts Payable (AP) - Vendor | 2010 | Current Liability | - | Bill Amount |
Note: Vendor bill intake increases inventory assets and creates a corresponding accounts payable liability.