Non-Inventory (Memo) Items
You can track these purchases (for example, office supplies and shipping supplies)
GL Considerations
• You expense or capitalize these purchases on receipt, depending on the purchases account for the line items
Setup Implications
• Must use single-line mode to enter correct account and cost center to debit
• Can use Requisition Approvals and GL Account Security to ensure that incorrect accounts are not used
Electronic Data Interchange (EDI)
EDI Allows You To
• Import and export standard business transaction documents with your suppliers and customers using value added networks (VANs) or e-mail systems
Why Consider?
• Reduce or eliminate paperwork involved in the supply chain
Setup Implications
• EDI software needs to be set up