PURCHASE ORDER PROCESS | PURCHASE CYCLE IN TALLY ERP9 ....

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#TALLY #PURCHASE CYCLE

The expenditure circle is a recurring set of the business activities associated with the purchase of and payment for goods and services. In the expenditure cycle, the primary external exchange of information is with the suppliers.

THE BASIC BUSINESS ACTIVITIES IN THE EXPENDITURE CYCLE ARE :
1.Ordering goods and services
2.Receiving goods and services
3.Rejecting goods and services
4.Receiving bill for goods and services
5.Issue debit and credit notes
6.Making payments

For this all activities are covered in this video
so, watch the video and learn about the purchase cycle..