Setting Up the Ginesys Procurement

The Setup functionalities of Procurement module of Ginesys has moved entirely to the Web. The Setup is used to configure the masters used for various procurement transactions.

The Setup has the following constituents - 

The Vendors are ones from whom various items are purchased or procured - Adding & Editing Vendors in Ginesys HO can be learnt from here. 

The prices of certain items are fixed and specified for certain vendors from a specified date, these details are reflected in the Price Chart master. Adding & Editing the Price Chart Master in Ginesys HO shows how Price Charts are created and maintained.

Margin Rule is implemented by retailers when they want to have a specific profit percentage calculated on procurement prices. Implementing Margin Rule in Ginesys shows the margin rule implementation process.

The retailer might make his purchases from the specified vendor from allocated organization sites for the sake of profitability.

Services are usually procured from a Party/Supplier through legally binding commercial contractual terms. 

The Invoice Overheads need to be configured carefully because they will flow to multiple transaction forms in the module.