Drop Ship Between Subsidiary Companies
Scenario:
Our Business has 2 sister companies where SAS is handling clients and sales orders and BV is handling stock purchases but also some local clients. Using iVendNext we wish to implement the following workflow.
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Client contacts SAS
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SAS generates a Sales order
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SAS turns the SO into a Purchase order for BV
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BV receives PO > SO from SAS
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BV Fulfils order from Stock to end-client
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BV Invoices SAS
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SAS pays to BV
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SAS invoices end- client and bills
Answer:
You can manage this scenario by using the Drop Shipping feature of iVendNext.
Steps:
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For the SAS Company, create a Sales Order for the Customer. Ensure to check "Drop Shipping" for the item.
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For the Company SAS, add BV as a Supplier
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Create a Purchase Order (PO) against a Sales Order. In PO, select BV as a Supplier. But the shipping address will be the client's address.
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SAS will create a Purchase Invoice, as they are liable to pay to BV.
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Against the original Sales Order, SAS will create a Sales Invoice for Customer, and create Payment Entry later.
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The company BV will add SAS as their Customer. They can create a Sales Order to book income in their accounts. Make Delivery Note for the Customer. Make Sales Invoice for SAS.