In this video we take a look at purchases which are the first part of the procure to pay cycle, and how you generally get merchandise, equipment, and other goods into your company and onto your company’s books. We talk about what purchases are, then go over creating a purchase order. We cover drop ship purchase orders and when you would use them, and we talk about purchase order approval workflows. We cover receiving items using the item receipt form, and cover an alternate purchasing flow that uses purchase requisitions. Finally we cover vendor returns.