Manage vendor bills and payments
A company may have many types of purchases such as purchase, of goods from a supplier, purchase of a stationery item for office use, purchase of an asset, vendor bills for electricity or telephone, or water expense, and so on. Usually, vendor bills are controlled by the purchase process. The purchase application confirms the rates and delivery of the goods or service based on which the vendor bills are created in accounting. Please go through Chapter 11, Purchase Management, to set up the purchase process.
Here is the standard workflow after installation of the Purchase application in Odoo:
- The request for quotation is created and sent to vendors.
- The vendor confirms the rates and the RFQ are converted into a Purchase Order.
- An incoming shipment is generated by the purchase order for the stockable and consumable items.
- As soon as the vendor bill is received, validate the bill with the product received to process further.
However, if you plan to use the accounting...
