Supplier Financial Information

Supplier Financial Information Fields

Back Order

Back Order

Enable this option if the supplier allows back orders.

When the Back Order box is checked:

•Partial ordering is allowed on Purchase Orders and GRNs (Goods Received Notes).

•Items that are not received immediately will remain on back order for future fulfillment.

This ensures accurate tracking of outstanding quantities still expected from the supplier.

Note: For more details on handling back orders, refer to Stock > Purchase Order.

Print Remittance

Enable this option to automatically print the remittance advice after reconciling a supplier account.

Settlement Discount

Settlement Discount From Supplier

If you receive a settlement discount from your supplier, the system will automatically calculate it during supplier reconciliation.

•The discount figures will appear in the Supplier Lookup form for easy reference.

➢ Multiple Discount Types?

If your supplier offers various types of discounts (e.g., early payment, volume-based), use the Supplier Discounts tab to enter and manage this information.

Supplier Order Lead Time in Days

Supplier Order Lead Time

Order Lead Time is the number of days between placing an order with a supplier and receiving the goods.

To set the lead time:

•Go to Supplier Master > Financial Info tab

•Enter the expected delivery time in days

Why it matters:

Lead time is used to calculate your minimum stock levels.

For example:

If you sell 2 units per day and the supplier’s lead time is 7 days, your minimum stock level should be 14 units (2 × 7).

Track Actual Lead Times:

You can review actual delivery performance in the Goods Receiving Lookup form, by comparing the Arrival Date and Order Date.

Day of month to pay supplier

Day of the Month to Pay Supplier

This setting specifies the preferred day of the month on which a supplier should be paid.

The selected day will automatically appear in the Target Payment Date column in the Completed Reconciliation form.

Helps standardize and plan supplier payments more effectively.

➢For example, if you enter 25, all reconciliations will default to the 25th as the payment target.

Discount on List Price

Discount on List Price

This field is only used in the siLink module.

If a dealer (franchisee) imports the franchisor’s price list using siLink, the system will automatically apply the specified discount percentage to update the Dealer’s Supplier List Price.

Supplier Auto Discount

Supplier Auto Discount

This field is for informational purposes only.

It indicates whether a supplier automatically applies a discount to their invoices

Minimum Order Value

This field sets the minimum allowed value for purchase orders placed with a supplier.

If a purchase order total is less than this amount, the system will block the order from being processed.

Keywords

You can search for specific keywords in the Supplier Lookup form. Example, which suppliers sell a specific item.

Rest of the fields

For information purposes. You can use it to filter the data in Supplier Lookup form.