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
Tags
SO03, ST17 ST94, ST01
