To open the (Purchase) screen, go to Tally's Gateway > Select Vouchers > press F9. Alternatively, press Alt+G (Go To) > Create Voucher > F9 (Purchase). Select the shared purchase ledger during the transaction to pass the purchase entry with GST.
Type or select Purchase Orders by pressing Alt+G (Go To) (All Orders). Tally Gateway > Display More Reports > Inventory Statements > Purchase Order Outstandings > All Orders is another option.
Debit the asset account for the purchase price and credit the cash account for the same amount to record the purchase of a fixed asset. A temporary staffing agency, for example, spent $3,000 on furniture.
The buyer issues a purchase order to ensure that they receive exactly what they purchased, while the vendor issues an invoice to ensure that they are paid. The buyer sends the purchase order to the vendor first, and it specifies exactly what the order should include and when it should arrive.