An order for a purchase or a purchase order is a process usually initiated by your company/organization to inform your supplier (the seller) about the products and associated quantities & prices you would like to purchase from the company/organization of the supplier.
This process is handled by Megaventory by the Purchase Order module. The module includes a purchase order form (product rows with quantities and prices) and the necessary sub-modules that log all the physical operations involved from the moment of the creation of the Purchase Order process until the Purchase Orders ends with the receiving of goods.
The Purchase Order process may end in two ways:
1. The Purchase Order is received (partially or fully) and the invoice of the supplier is logged and then, it is Closed. This is the usual case scenario.
2. The Purchase Order is Cancelled. Such a case may arise if your company informs the supplier and eventually cancels the purchase order before any of the goods of the order have been shipped by the supplier.
Here is a short video tutorial briefly explaining the Purchase Order module (please note the interface has changed slightly):