Microsoft Dynamics 365 for Financials – Create Purchasing Invoice

Posted on: April 17, 2017 | By: Jim Bertler | Microsoft Dynamics Business Central

    A purchase order or invoice is created to record the cost of purchases and to track accounts payable. If there is a need to control an inventory, purchase invoices and purchase orders are also used to dynamically update inventory levels so that inventory costs are minimized and better customer service is provided. The purchasing costs, including service expenses, and inventory values that result from posting purchase invoices or orders contribute to profit figures and other financial Key Performance Indicators on the Home page.

 

Navigate to Purchasing – Purchase Invoices

 

In the Vendor field, enter the name of an existing vendor.

Other fields in the Purchase Invoice window are now filled with the standard information of the selected vendor.

Fill in the remaining fields in the Purchase Invoice window as necessary. Choose a field to read a short description of the field or link to more information.

 

create purchase invoice dynamics 365

 

Next, Fill in the purchase invoice lines with inventory items or services that were purchased from the vendor.

On the Lines FastTab, in the Item No. field, enter the number of an inventory item or service.

In the Quantity field, enter the number of items to be purchased.

The Line Amount field is updated to show the value in the Direct Unit Cost field multiplied by the value in the Quantity field.

The price and line amount are shown with or without sales tax depending on what you selected in the Prices Including Tax field on the vendor card.

In the Invoice Discount Amount field, enter an amount that should be deducted from the value shown in the Total Incl. Tax field at the bottom of the invoice.

 

create purchase order invoice dynamics 365

 

Once all information has been entered, click Post.

 

purchase order invoice dynamics 365

 

 

For further questions regarding implementation and installation of your Microsoft Dynamics 365 solution contact, Logan Consulting for your free consultation now!

 



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