Purchase Order Processing for Microsoft Dynamics GP enables you to manage commitments and build lasting vendor relationships with automated purchasing and approval processes, flexible extended pricing, and blanket purchase orders. You can receive partial shipments with discounts, landed costs, and prepayments, and with tolerance handling, you can receive items within a threshold percentage of a purchase order for more flexible receiving and better purchase order management.
Transactions can be entered and managed from one central location. Purchase orders are verified and approved before they are issued. And you can generate purchase orders automatically as a response to changes in inventory.
Streamline your purchasing processes and improve accuracy. Automate routine purchasing tasks to increase employee productivity. You can also set up a workflow approval process to be utilized for existing purchase orders that are over designated purchasing limits.
Instant access to detailed information gives you instant answers to questions, and the module’s tracking and management capabilities give you complete purchasing audit control. You can track and analyze purchase activity with a comprehensive selection of reports.
You can establish long-term contracts with vendors. Use blanket purchase orders to record and track extended purchases, giving you greater negotiating power with your vendors and simplifying contract purchase processes.
You can also monitor landed costs more effectively. Get tight tracking control over costs associated with inventory items and easily assign or modify costs on a purchase order as items are received.
The Purchase Order Processing module is tightly integrated with the rest of Microsoft Dynamics GP, including Sales Order Processing, General Ledger, Project Accounting, and Inventory Management.