Features
Sales, Purchasing, and Inventory Management
Main Features - Sales, Purchasing and Inventory
Prime’s Sales, Purchasing, and Inventory Management feature makes it easier than ever to manage your sales transactions, stock movements, and supplier purchases. Real-time inventory updates after every sales transaction provide an accurate, audit-friendly inventory count. Track and validate inventory transactions with sales invoices, stock receipts, and purchase orders. Generate detailed sales and inventory reports while seamlessly integrating with Prime’s Financial Management modules to automate the bookkeeping of all sales and inventory transactions.
Highlights:
- Sales Orders & Sales Invoicing
Efficiently manage sales orders and generate accurate sales invoices for seamless transactions.
- Backorder Processing
Track and manage backorders for items that are out of stock.
- Comprehensive Reporting
Access “Query on demand” overviews for sales orders, backorders, invoices, and sales reports.
- Serialized Inventory Items
Handle standard, individually serialized, or batch-serialized inventory items for precise tracking.
- Financial & Sales Accounting Links
Link inventory items with financial and sales accounting for smooth integration (Integrated with Financials).
- Multi-Warehouse Capabilities
Manage inventory across multiple warehouse locations for better stock control.
- Purchasing Management
Streamline purchase requisitions, purchase orders, and stock inventory receipts for efficient supplier management.
- Inventory Transactions
Monitor stock inventory transactions, including adjustments, issues, and transfers.
- Inventory Costing Methods
Choose between Standard, Average, or FIFO costing methods for precise inventory valuation.
- Integrated Stock Transaction Accounting
Automatic accounting links to Accounts Receivable, Accounts Payable, and General Ledger accounts (Integrated with Financials).
- Stock Transaction Cards
View detailed “Query on demand” transaction summaries and overviews for comprehensive tracking.
Prime’s Sales, Purchasing, and Inventory Management feature provides a streamlined, automated solution to manage your entire sales and inventory cycle with real-time updates, accurate reporting, and seamless integration with your financials.
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