Difference between revisions of "How do I Deal with Bulk Oil?"
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Latest revision as of 05:31, 19 June 2019
Summary
This article explains how to book bulk oil into stock to allow you to sell it in sensible quantities.
More Information
When creating a stock record for bulk oil, the Retail Price should be the nett price per unit of sale. For the purposes of this article, we will take it that you sell in litres.
- Set your reorder level at a suitable point to ensure you order a new barrel when the level in the current barrel is getting low.
Ordering
Create a Purchase Order for bulk oil.
- The "Quantity" should be the number of barrels you are ordering.
- The "Unit Cost" should be the unit cost per barrel.
Receiving
When the order arrives, you will need to amend the Purchase Order to change the quantities and values into those in which you sell the oil.
- Amend the "Quantity" to the quantity of litres in the number of barrels that you have ordered.
- Amend the "Unit Cost" to the unit cost per litre.
- Receive the oil into stock.
Selling
When you sell bulk oil, either over the counter or by booking it to a jobcard, enter the quantity of litres.
See also
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Tags
SO03, ST01, ST17 ST94
