Advanced Inventory Purchasing

Business Aviator supports the creation of purchase orders that will recall the vendor purchase price, minimum quantity, and any applicable lead-time for each item and ease the process of ordering. Orders can be placed from a single location or at each location separately by employees or management with the aid of Buyer's reports that provide quantity, sales history and other purchasing-relevant information. The Purchase Orders can then have the Items Received and the Costs (Bill) Received independently, so you can populate and use your inventory prior to receiving the Bill for the items.

Advanced Inventory Purchasing Features Include:

• Creation of a Purchase Order for a specific Vendor, with shipping, billing, line item information, and more.
• Receiving the items on a purchase order, and automatically generating a Backorder if some items were not received.
• Utilizing a simple Receiving Screen that displays un-received line items when the purchase order is selected, so the additional un-received items can be received.
• Changing the cost of a single or multiple received items when the bill arrives. At which point the vendor cost on the item can be automatically updated to reflect the new unit price if specified.
• Receiving item quantities before the bill and utilizing Backorders means that the resulting PO can always match the shipper; and the each PO/Backorder can match the vendor bill.
• Capability to include additional miscellaneous costs at any point before a purchase order is closed (freight for example).
• Automatically generating a backorder for the remaining open items on a purchase order so tracking of specific shipments received and billed have a matching document.

Upon receiving a purchase order, inventory is adjusted to reflect received quantities and a new costing layer is created following GAAP recommendations without any user interaction necessary. In Business Aviator, the purchaser can focus on purchasing, the receiver can focus on receiving items, and the office staff can focus on receiving bills with ease.