Module 33 · Core · 6 lessons · about 47 min

Parts, stock and purchasing

Understand how parts move from supplier to store to invoice, the stock-never-blocks-sales setting, shop supplies, buying for a job and supplier bills.

What you will be able to do

  • Explain when a job part leaves the store and why it is never issued twice
  • Read On hand, Reserved and Available and choose Allow, Warn or Block
  • Explain how a sale with no stock is costed and how the cost trues up
  • Tell materials, consumables and shop supplies apart
  • Buy parts and sub-work for a job and see the cost on the job
  • Post a supplier bill and a purchase return and read their VAT effect

Lessons

  1. 1. Parts on the job and in the store 7 min
  2. 2. Reserved, available and the setting that never blocks sales 8 min
  3. 3. Costing a sale when there is no stock 8 min
  4. 4. Materials, consumables and shop supplies 8 min
  5. 5. Purchasing for stock and for jobs 8 min
  6. 6. Supplier bills, returns and payments 8 min

Practice quiz (28 questions)Printable study sheet