^ TOP

FMA Sales Orders & Purchase Orders

Sales Order Processing

This extension to the FMA Financial and Management Accounting System allows users to:

  Define master data for Product Groups and discrete Products and Services.

  Data items include the weights (for freight charge calculations) and v.a.t. rates for domestic, intra-EC and export shipments.

  Easily define which FMA "debtor accounts" represent potential Sales Order customers.

  Define Buyers and Delivery Addresses for each customer.

  Enter and release sales orders from known or occasional buyers. Enquire on existing orders.

  Update stock levels for "other movements", e.g. receipts, stock losses, rejects.

As orders are entered, stock levels may be checked and the required quantities allocated. Dependent on local procedures Picking Lists and/or Despatch Notes may be produced. Sales Invoices are printed and automatically posted to FMA debtor and revenue accounts and analysis codes. Cost of Sale is calculated for each shipment and posted to the Stock Ledger and Cost of Sales Accounts.

^ TOP

Purchase Orders Control

This extension to the FMA Financial and Management Accounting System is designed to handle:

  Orders for "catalogue items" (goods and services identified by the client's predefined product codes and/or descriptions)

  Special items and services for which the required descriptions are typed directly by the users

  Discrete quantities (e.g. boxes, metres, kilos) or general requests

  Pricing per unit, per order line or per order.

Proven productivity benefits for purchasing management include reduced paperwork, more definitive purchase orders, streamlined authorisation, and automated invoice approval. As suppliers' deliveries are received Purchase Orders and the Stock Ledger are updated. Finance departments also benefit from these efficiencies as well as from their online access to more precise, up-to-date commitment and delivery data and the immediacy and accuracy of their accruals.