We have 4 major independent types of Purchase transactions:

1. Purchase Quotes - can be automatically transformed (partly or not) to Purchase Orders.

Purchase Quotes do NOT create ANY type of Inventory or Party transactions even when they are POSTED.

 

2. Purchase Orders - can be automatically transformed (partly or not) to Purchase Shipments or Purchase Invoices.

Purchase Orders do NOT create ANY type of Inventory or Party transactions even when they are POSTED.


3. Purchase Shipments - can be automatically transformed (partly or not) to Purchase Invoices.

Purchase Shipments create ONLY Inventory Transactions and NOT Party transactions.

Return Purchase Shipments are like Purchase Shipments and they can be (partly or not) transformed to Purchase Debit Invoices.


3. Purchase Invoices - they may create Inventory Transactions and Party transactions.

Purchase Invoices and Purchase Invoices (after Shipment) create ONLY Party Transactions and

Purchase Invoices+Shipment create Inventory Transactions and Party Transactions

Debit Purchase Invoices work the same way ...


4.Debit and Credit Purchases- they create Party Transactions.