Purchase process starts from a request for specific items in the form of requisition to purchase rfq which is sent to the supplier. Then, the supplier sends vendor quotation, once the customer agrees on the quotation, purchase order is generated. A GRN is generated to confirm all goods received in the Warehouse/Store which in turn in turn leads to invoice raised to the customer.
Purchase Definitions
Definitions are the fundamental information about your organization, its resources and work processes, which are mapped (installed) onto the ERP system at the time of ERP implementation.
The definitions required for Purchase module are -
