Buying

The Buying module in NexWave manages your procurement process from supplier management to purchase orders and receipts.

Buying module overview

Key Features

Suppliers

• Supplier master records

• Supplier groups and categories

• Payment terms configuration

• Price lists per supplier

Material Requests

• Internal requisitions

• Approval workflows

• Auto-conversion to Purchase Orders

Request for Quotation (RFQ)

• Send RFQs to multiple suppliers

• Compare quotations

• Supplier selection

Supplier Quotations

• Receive and manage supplier quotes

• Validity tracking

• Convert to Purchase Order

Purchase Orders

• Create and manage purchase orders

• Delivery scheduling

• Partial receipts

• Order tracking

Purchase Receipts

• Receive goods against orders

• Quality inspection integration

• Serial/batch tracking

Purchase Invoices

• Invoice verification

• Three-way matching

• Payment scheduling

Buying Reports

• Purchase Analytics

• Supplier-wise purchases

• Item-wise purchases

• Purchase order trends

Navigation

Access the Buying module from the sidebar: Buying menu

Common tasks

Step-by-step task guides from the User Guide:

• Supplier Record

• Procure to Pay Process

• Create a Purchase Order for a Serialised Item with Minimum Order Quantity

• Purchase Return and Debit Note

• Purchasing Analytics

• Purchase Order Analysis

• Purchase Order Trends Report