PURCHASE & STORES

iPack Purchase module cover the entire Purchase function aspects of an enterprise. It is tightly integrated with the Inventory and Finance modules. Purchase Managers can now accurately and easily access information about vendors, stock levels, purchase analysis, etc. in real time.

THE SALIENT FEATURES OF THE MODULE ARE

Supports FIFO, LIFO, Average & Standard	Maintaining Product wise
costing methods	preferred vendor list
Updating of stock after receipt of resources	Check stock opening balance
Preparation of Purchase Bill based on GRN	Generation of request for the
Price comparisons of quotation and	quotation of the procurement
finalization of best quotation	Stock transfer