Recording a Purchase Order

A purchase order is placed by a business entity with a supplier for the delivery of certain goods at a given price and time. Purchase order processing has to be enabled in order to create a purchase order.

To enable purchase order processing

1.     Go to Gateway of Tally > F11: Features > Inventory Features.

2.     Set Enable purchase order processing? to Yes.

3.     Press Ctrl+A to accept.

To create a purchase order

1.     Go to Gateway of Tally > Inventory Vouchers > Ctrl+F2 > F4: Purc. Order to view the Order Voucher Creation screen.

2.     Enter the Party's A/c Name.

3.     Enter the Order No.

4.     Select the Name of Item from the List of Stock Items, or press Alt+C to create a new stock item.

5.     Enter the Quantity of the item, as required.

6.     Enter the Rate of the item. The Order Voucher Creation screen appears as shown below:

7.     Press Ctrl+A to accept.

Now, you can send the purchase order for an item to your supplier.