Buying is for when a product is bought from a supplier. By completing this section, you will be able to use the Product in the Purchasing section of Blaq.

• Product is Purchased - set this to 'Yes' to enable the product to be purchased.
• Preferred Supplier - the supplier this product is usually purchased from. If you usually purchase this product from the same supplier, you can select the supplier here.
• Website Link - a website address for this product. If the supplier has information about the product on a website, you can add the link to a webpage here. If it is part of the supplier's website address, you only need include the folder/page extension. Otherwise, start the address with 'http' or 'https'.
• Supplier Code - the product code the supplier uses for this product. This can assist when re-ordering the product.
• Purchase Account - the GL Account that purchases should be allocated to. If a product is to be purchased it needs to be linked to a GL Account for reporting purposes and for exports to an accounting package.
• Tax Rate - the default tax rate when used in a purchase order.
• Purchase Unit - the description of the unit this product is purchased in. For example, 'each', 'unit', 'carton'.
• Quantity Per Unit - the quantity of products sold per purchase unit. This relates to the way you sell this product. If you purchase the product in a carton of 6, but sell it individually, then Quantity Per Unit would be 6. If you sell the product in the same quantity as you buy it, then it will just be 1.
• Use Average Cost Pricing - calculate the Average cost of this stocked product. This relates to the way the costing for a product is calculated. Each time goods are received the average price of those goods is calculated for the product.