Vendor Contract

Vendor Contract

Vendor contract setup in inventory management involves the configuration and management of contracts or agreements with suppliers within the inventory module of a PMS (Property Management System). It allows administrators to establish and maintain formal relationships with vendors for the procurement of goods and services. During the setup process, administrators can enter details such as vendor information, contract terms, pricing agreements, delivery schedules, and payment terms. This setup enables efficient vendor management, streamlines procurement processes, and ensures adherence to contractual obligations for inventory replenishment within the property.

To add Vendor Contract, go to Inventory >> Setup >> Vendor Contract Setup

Press Alt+2 to add the Vendor Contract. You will see the following screen fill the required fields and press Ctrl+S to save the information.

To edit the Vendor Contract information, go to Inventory >> Setup >> Vendor Contract

From the list click on option icon and click on Edit button. You will see the following screen, fill all the required fields and press Ctrl+S to save the information.

You can view the added information by pressing Alt+1 to go to the list and filter the result as per the requirement.