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Tag: Order Management
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Setting Up and Executing Purchase Order Processes in Tally ERP 9
Before performing the entries related to purchase orders, receipt notes, rejection outs, purchase bills, and debit notes in Tally ERP 9, it’s important to ensure that relevant features are activated. Here’s how you can activate these features: 1. Enable Inventory Management: 2. Set Up Inventory Features: 3. Configure Purchase and Sales Vouchers: 4. Activate Rejection…
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Understanding Sales and Purchase Orders: Key Components and Significance
Sales and purchase orders are essential documents in the process of buying and selling goods and services. They serve as formal agreements between a buyer and a seller, outlining the details of the transaction. Here’s an explanation of sales and purchase orders in detail: Purchase Order: Definition: A purchase order (PO) is a commercial document…