"Inventory Control and Finance"

  Functional Modules

Purchase Management

Manage your purchases flow efficiently with your suppliers, from placing enquires with your suppliers to managing their invoices.

  • Purchase Requisitions
    - You can manage purchase requests made by your branches or departments. These requisitions will then be available for subsequent transactions in the flow.
  • Purchase Enquiries
    - Manage product enquiries that you place with your supplier. Place enquires either directly or based on requisitions. You may cancel enquiries either fully or partly.
  • Quotation Received
    -Manage quotations placed with your suppliers - with or without enquiries.
  • Purchase Order
    -To monitor the quality, accuracy, lead times and costs of purchases, while providing comprehensive supplier performance analysis   .You can enter purchase orders based on quotations received from your supplier or without based on quotations. The list of orders placed with the supplier will be automatically shown at time of receiving the stock. You can also cancel the orders placed either fully or partly. Terms can set Cash/Credit or Letter of Credit (L/C).
  • Goods Inward / Store Good Receipt
    - Record the stocks received from your supplier with or without orders. You can receive stock at a particular branch or location
  • Credit Purchase/ Import/ Cash Purchase
    • Enter supplier invoices with or without orders/receipts. You may also directly enter an invoice without orders or receipts.
    • Enter Invoices made at a particular branch/location
    • All relevant import/local expense can allocate each purchase.
    • Automatically calculate other costs and landing costs on products
    • Invoice against pending orders or received stock
    • Know previous purchase history of products
    • Pay to your supplier by cash, cheque or PDC
    • Adjust pending bills
    • FALCON ERP automatically posts values to respective ledger accounts and creates payables.
  • Purchase Returns -Record the details of stock returned to your supplier or vendor in case of damage, exchange etc. You can return the stock with or without reference of a purchase invoice or a material receipt.
  • Reports

  Purchase Management Reports

  • Purchase Register.
  • Purchase Return Report.
  • Purchase Order Delivery Report.
  • Account Receivable Report
  • Outstanding Party wise ageing summary report.
  • Product wise Party Wise Purchase Report.
  • Invoice wise profitability report