How do I Deal with Bulk Oil?

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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


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Keywords AND Misspellings
bulk oil, oil, order, units, litres, gallons
Tags

SO03, ST17 ST94, ST01