Trading

The Trading module is part of the CRM module and allows users to sell material to customers independent of Project Management. The Trading module is useful for businesses that routinely buy and sell stocked items.

The functionality includes the following:

• Sales Order entry and Fulfillment.
• Customer Return
• Price Setting

Sales Order and Fulfillment

To create and fill a sales order follow these steps:

Its also possible to create a Material Requisition (MR) from the Sales Order. This MR can then be used as the input to the normal procurement process and add the material in the sales order to the Stock.

Follow these steps to create an MR from the Sales Order.

1: Browse to the Material Requsition Menu.

2: From MR Screen - click on the button labelled Add MR for Sales Order.

3: This will show the list of Approved Sales Orders for which an MR has NOT been created yet. Click on the + icon next to the Sales Order and it creates an MR.

The MR created can now be edited and the normal process for approval and RFQ creation followed.

Customer Return

If a Material shipped to a customer is returned then the following happens:

1. The returned material is added back to stock.
2. A credit note for the value of the material is automatically created and the outstanding for that invoice is reduced by the amount of the credit note.
3. An accounting entry for the return of the material into Stock is also created.

To setup a Customer Return follow these steps:

Setting Prices

To setup the selling price, follow these steps:

1. Create a Catalog.
2. Add material to the Catalog and set a cost and selling price.
3. Make sure that the Catalog is active.
4. When creating the Sales Order the price is picked from the Catalog. If you wish to stop selling the Item(s) - simply remove them from the catalog.