AgTrax - Purchasing Module
The Purchasing module by AgTrax is an integrated application designed to streamline the acquisition of goods and services with seamless real-time integration with the Perpetual Inventory module. This module also ensures appropriate data entries into the General Ledger module, enhancing financial accuracy and operational efficiency. This feature is part of the comprehensive TraxView suite, which includes modules such as General Ledger, Accounts Receivable, Order Entry/Point of Sale, Payroll, Commodity Accounting, Production/Manufacturing, Bank Reconciliation, Sales Analysis, 3rd Party Interface, Agronomy Blending, Prepaid Contracts/Bookings, Patronage/Equity, Business Units, and Feed Blending/Manufacturing. Together, these modules provide a robust, end-to-end solution for agribusiness operations, facilitating better management of financials, inventory, production processes, and customer relationships. AgTrax continually evolves its technology to meet the dynamic needs of the global agribusiness sector.
A fully integrated application that allows the user to purchase and receive product and services with real-time integration with the Perpetual Inventory module while making appropriate entries into the General Ledger module.
- Live Inventory integration
- Customizable order types based on user data entry requirements
- Tracks vendor purchases and payment activity historically
- Miscellaneous Vendor used for one-time or infrequent purchases
- Recurring orders (Rent, Service Contracts, etc.) automatically released into system for payment
- Quick Checks – Make fast payments to vendors needing payment immediately
- Tracks banking information and activity
- Inventory costs and counts are automatically updated upon receipt of products
- Multiple vendors can be paid for one inventory receipt/load (i.e. one for the product, another for the freight, and another for another direct cost)
- Inventory costs can be adjusted/corrected for subsequent costs of a receipt/load
- Automated backorder