Purchase Invoices

A purchase invoice is a document issued by a seller (an external organisation, another internal company or district) to an internal company that outlines the details of a transaction, including the type and quantity of materials purchased, the price per unit, total amount due, and payment terms. The invoice serves as a formal request for payment and records the purchase for financial tracking and reporting.

Purchase invoices can be raised for Despatch Orders or buyback actions (see Repurchase Contracts), but not both in a single invoice.

Journal Entries for Purchase Invoices

Creation of journal entries requires a chart of accounts to be configured for the Purchase Invoice document type. See Charts of Accounts.