Purchases Tab

The Purchases Tab lists every purchase made for this item. It will show the date, vendor, Purchase Order number, quantity purchased, quantity sold, extra charges, and purchase price. By double clicking on the date or price, you will see other information about the purchase such as serial number. If you click on the vendor name, the vendor’s record will be displayed.

 

 

Double-clicking on the date, will allow you to modify the individual line item in the purchase history. From here, select Modify Qty, you can adjust the price each, add in any extra charges or set individual depreciation method towards the purchase line item.

• Note – When setting the depreciation method, you can set the number of years, salvage value, any additional depreciation, current months’ depreciation and the total depreciation accrued, along with the book value.