ERP Purchase invoice

A purchase invoice is a document sent by a seller to a customer indicating the costs and quantities of the products or services provided by the seller. The purchase invoice is a request for payment from the customer. In this case, the customer is your company. It is a legally binding/enforceable document. By default, purchase invoices carry out all purchase-related transactions and incorporate functionality peculiar to goods and services receipt documents. If a goods and services receipt document does not precede the purchase invoice, you can use the purchase invoice as the receipt. In this case, the purchase invoice increases the quantity of goods in stock.