How do I Deal with Bulk Oil?

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 litre (or unit you will be selling in).

• 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.

• Amend the "Quantity" to the quantity of litres in the barrel/s i.e. the units you intend to sell it in.
• Amend the "Unit Cost" to the unit cost per litre (or units you are selling in).
• 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 (or unit of choice).

See also

• Creating a Purchase Order
• Processing a Purchase Order
• Creating a Stock Item

Feedback

Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'

Keywords AND Misspellings

bulk oil, oil, order, units, litres, gallons

Tags

SO03, ST17 ST94, ST01