Odoo Purchase Management

As a complete solution for handling Purchase orders, the Odoo Purchase Management module will cover tasks like Vendor management, Vendor billing, Product & Product variant management, Stock updation and product quality checks. You can automate your purchasing process and improve the efficiency of your purchases and inventory with the aid of the Odoo Purchase Management solution. Based on your stock levels, Odoo will allow your company to automatically submit quotation requests to vendors.
The Purchase module is an essential part of the Odoo ERP system since it simplifies the administration and purchasing processes for users.

Purchasing Workflow
A purchase order is a business document that the buyer uses to direct the acquisition of products and services from the seller. It also serves as an official offer. The product kind, quantity  and agreed-upon prices are listed.

How to create a purchase order:

1. Go to the purchase module and click on “Create”.

2. Enter all the required information (Vendor, Order Date etc…)
3. Add the products and its details on the Product Line.

4. The request can be printed or it can be emailed.
5. Press Confirm Order. 

How Receipts are Managed in an Odoo Purchase Order?
In Odoo, a receipt serves as a record of incoming deliveries. How to manage the receipt in an Odoo purchase is shown in the steps below:

1. When the PO is confirmed, a “Receipt” button appears in the top right corner of the screen.

2. Click “Receipt” and then “Validate” to submit. You may also confirm it by selecting “Receive Products” on the PO page.

3. The store user needs to click on “Receive Products” to update the received products against the PO.

How To Create a Vendor Bill In Odoo?

1. After generating a purchase order, the “Create Bill” button appears at the top. Click on it.

2. Then click “Confirm”, the vendor bill will be generated
3. If you want to make the payment, click on “Register Payment”

4. Select the payment method.

5. Click on the “Create Payment” button to pay the bill.

Purchase Agreement in Odoo
In Odoo, a Purchase Agreement is a formal contract outlining specific conditions relating to buying and selling of goods and services. As a result, a legally binding contract is between the seller and the buyer.

Vendor bill
A vendor Bill is the document related to payment against the purchase done from vendors.