Adding a new Supplier

Following fields are required to add a new inventory supplier

Supplier Name 

Name of the supplier

Code

A unique number is given to identify supplier among all  suppliers

Supplier Type

It is type of supplier it may domestic or international

Parent Location

It is the nearest branch of company where supplier supplies the products. He may be supplier of multiple branches.

Print Name / DBA

In the U.S., a DBA lets the public know who the real owner of a business is.

The DBA is also called a Fictitious Business Name or Assumed Business Name.

And for sole proprietors, a DBA is required in order to open a bank account and receive payments in the name of your business.

Supplier Since

From how many years or months to know supplier

Port

A town or city with a harbour or access to navigable water where ships load or unload.

Markup Multiplier

A markup multiplier is what percentage of the cost price you add on to get the selling price.

Credit limit

This is used to mention that we have a credit limit from that supplier, this credit limit will be given by the supplier.

Contact information

Remit-To- Address

It is address to send money in payment to supplier.

Shipping Address

It is the address  where customer or manufacturer resend(return) the product to supplier.

Supplier Login

A supplier can get all information about sale products through supplier login.

Accounting Info

Tax number- Tax number is a nine-digit number used as a tracking number by the IRS for tax purposes.

Purchase tax - A tax added to the price of goods sold to consumers.

Payment Terms

• Payment terms are the payment rules imposed by suppliers on their customers. 
• Payment terms are imposed to ensure that payments are received by suppliers within a reasonable period of time.

Shipment Terms

These are terms given by the supplier such as in what time the product will be delivered, which way the product will be delivered to the company, etc...