System Five Add-Ons & Integrations help simplify the way you do things.
Our catalog of services has topic-based, role-based, or technical plans that can help you maximize your software investment.
Copyright © 1984-present
Windward Software Systems Inc.
All Rights Reserved.
Privacy Policy
Table of Contents
[Used Stock and Equipment RESALE 2-] [Purchased from a customer or source of used equipment for RESALE. 2-] [1. Create a Main and Sub Categories for the items to be placed into. 2-] [Procedure 2-] [2. Purchase from Owner 2-] [3. Account or Cash? 2-] [QUESTION: 3-] [4. Pay for Item Returned 5-] [5. Sell and Return on Same Invoice 5-] [Used Stock and Equipment, purchased from a customer or source of used equipment for RENTALS 6-] [QUESTION: 6-] [New or Existing Item? 6-] [1. Remember to set up the rental rates etc. 6-] [2. Create a Pseudo Supplier 6-] [Procedure 6-] [1. Create a Stock Receiving report 6-] [2. Add a Bill for Receiving 6-] [Follow normal procedures to Add a Bill to match the received stock, using the 'Recovered Used Rental Purchases' supplier. Bill Number = PO Number, Comment on the PO to refer to the 'Real Supplier' 6-] [3. Pay the Bill 6-]
There is a Main Category already in place, #14
Create at least one or more Sub-Categories under this Main Category
To purchase from an owner or user that wishes to dispose of their items, whether or not they had originally purchased from ARE, create an Invoice.
If you are buying an item that you originally sold to the customer, or you know that you sell this item and currently have NEW items in stock, Enter the Part Number in Part Find as if you were selling the item…. DO NOT ADD TO THE INVOICE, ONLY HIGHLIGHT AS SHOWN
Generally an item being brought in for rentals will be already in stock, but if it is not, follow usual procedures to create the item in the appropriate rental category.
If the item already exists, it will inherit all the settings when the item is received in.
If you create a supplier, that supplier name could be named 'Recovered Used Rental Purchases' for example, and the default Ledger Number of 1210 Rental Stock.
Add the part number for the rental item, with a quantity of 1. Make sure the cost is the cost you are paying for the item, excluding taxes if applicable, receive the item in, adding the Serial/Asset number as you proceed.
The Bill will be paid to the 'Recovered Used Rental Purchases' supplier, tendered appropriately. There is a 'Comment' section on the Cheque to add necessary information.
If you add the 1020 Cash Clearing as a Bank in the Setup Wizard, General Accounting, Bank Setup area, you can pay CASH from that account while writing a Cheque to pay the bill.
Windward System Five - Used Stock Purchases - Sales Stock & Rental Stock
7 | Page