A Franchise is a third-party retail outlet that buys the rights of business logo, name, model, and branding from the actual owner. It is like an independent small business. The franchise outlet will receive a Purchase invoice once a sale is done and the sales bill is saved. The franchise outlet will get a notification once the Purchase invoice advice is received.

Benefits:

The benefit of Purchase Invoice is that it avoids any confusion such as if the products are delivered properly and the amount paid successfully. It is delivered to the buyer by a business and indicates the goods or services that have been purchased. This invoice acts as proof of transaction and indicates that something was purchased and a particular amount was paid for it.

Steps to receive Purchase Invoice from Franchise outlet in ServQuick

Step1: Go to Inventory, under Purchase select Purchase Invoice

Step2: Click on Load Purchase Invoice Advice

Step3: Enter the mandatory fields like Franchise Location, Supplier name, Purchase order number, Invoice number, Invoice amount

• Select the Purchase order from the pop-up box

Note: It shows the status of the Purchase order as Pending/Partial

• Now all the items will be listed when you enter the Purchase order number.

Note: The Selling Price of an item can be edited

• Click on Save to create the Purchase Invoice

-->The Purchase Invoice is created successfully

To view the Purchase Invoice

Step4: In the Purchase Invoice screen, choose the location

Step5: Click on View

Step6: To print the Purchase Invoice click on Print

--> In this way, you can print the Purchase Invoice and keep your invoices in check without leaving out any and avoid further confusions.