📌 Creating a Lot Purchase Order
Navigate to the Lot Module on the main navigation bar.
Select the Engine Symbol and click on "Create New" to initiate a Lot Purchase Order (Lot PO).
Fill out the Lot Purchase Order Form with the necessary details.
Apply Cost to Inventory:
Enter an Applied Lot Cost Percent to apply cost on the inventory line when it sells:
📝 Formula: Cost = Sales Price × Applied Lot %
OR leave this field blank and manually enter a cost when importing parts into the Lot.
Click "Save" to generate the Lot PO Record.
📦 Receiving Lot Items
🔹 System-Generated Inbound Line Item: Upon creating the Lot PO, a blank inbound line item is generated automatically.
✅ Receiving the Entire Lot
If you receive the entire Lot, any parts added or imported after the <blank> Lot line item is received will be auto-received.
🚀 Skip the manual receiving process—all imported parts will be immediately available in inventory for sale.
---------------------------------------------------------------------------------------
🛠️ Manual Receiving of Parts
If you DO NOT receive the Entire Lot in the Inbound, all parts added on the LPO will be sent to the inbound section so that each part is received in individually.
Each part must be manually received before becoming available in inventory.
Please Remove the Lot from the Inbound AFTER all the parts are received in manually
📢 Understanding this process ensures that Lot items are handled efficiently based on your operational needs. 🚀