Kaydro

Buying

Purchases

Purchases

A purchase is stock coming in from a supplier. Recording it does three things at once: raises the stock count, records what you owe the supplier, and stamps the cost onto the goods so your profit figures are real.

Recording a purchase

  1. Choose the supplier.
  2. Add each product, with the quantity and the cost you actually paid.
  3. Enter any freight or extra charges if they should be spread over the cost of the goods.
  4. Record what you have paid now, if anything. The rest becomes a bill you owe.
  5. Save.

Pay a supplier later from Accounting โ†’ Payments, where you can settle a specific bill rather than paying a lump into a void.