Processing Purchases of Non-Stock Items with Receipts

If your company purchases items, including services, whose quantities will not be tracked in inventory, these items can be defined as non-stock items in MYOB Advanced. You can process purchases of these items by using purchase orders, which may have associated purchase receipts.

The topics of this chapter describe how to prepare and process purchase orders containing non-stock items and services that have to be included in the corresponding purchase receipts.

Note: In MYOB Advanced, a purchase order can contain stock items, non-stock items, or a mix of both types of items. Each non-stock item included in a purchase order may or may not need to be included in a purchase receipt, based on the item’s settings in the system.

For simplicity, this chapter will focus on purchase orders that contain only non-stock items (including services) that must be included in the corresponding purchase receipts.