Key Features

• Supplier transactions are purely financial transactions, they do not have any affect on the physical movement of stock on hand.
• A supplier payment in Readysell indicates that a supplier has been paid for the items we have purchased. A payment can be sent via ABA file directly to electronic banking, direct deposit, cheque, eftpos intergration or cash. Once a payment has been entered, it can then be allocated against the supplier card, and it then reduces the balance owing by the supplier.

• Supplier Credit Notes and

• Supplier Debit Notes are purely Non Stock Financial Transactions. These transactions have no effect on the Physical Stock Movement that is the increase or decrease of Stock on Hand.
• Before inserting a Supplier Debit and/or Credit, try and assign the General Ledger Account to the Suppliers Card for the Expense. see link Card settings
• If a supplier debit has been paid and is already part of an allocation, the system will prompt you with a validation. If you choose to ignore the validation and continue with the reversal , the system will unallocated the associate payment that was against the debit about to be reversed.

• Supplier payment runs can automatically generated suggested supplier payments based on selected payment criteria
• Supplier remittances can be automatically emails to suppliers