Before you can manage purchase processes, you must configure the rules and values that define the company's purchase policies.
First, you must define the general setup, such as which purchase documents are required and how their values are posted. This general setup is typically performed once during the initial implementation.
A separate series of tasks related to creating vendor master data is to record the vendors' discount and price agreements in windows linked to the vendor cards.
The periodic activity of creating vendor cards for new vendors is covered in the Manage Purchasing section. For more information, see How to: Register New Vendors.
Finance-related purchase setup, such as payment methods and currencies, are covered in the Finance Setup section. For more information, see Set Up Finance.
| To | See |
|---|---|
| Enter the different discounts and alternative prices that vendors grant you depending on item, quantities, and/or date. | Record Purchase Price, Discount, and Payment Agreements |
| Prioritize vendors. | How to: Prioritize Vendors |
| Set up purchasers. | How to: Set Up Purchasers |
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