Parties
Parties are users which either sales or purchase an item/product from your store/shop. You can create a party from Parties menu from sidebar. There are two types of parties in our app:
- Customers
- Suppliers
Customers
We sales items to customers. You can create customers from Parties → Customers page. Customers are common for each warehouses/store. But Opening balance, Credit period, Credit Limit are warehouse bases
Suppliers
We purchase items from suppliers in our app. You can create customers from Parties → Suppliers page. Suppliers are common for each warehouses/store. But Opening balance, Credit period, Credit Limit are warehouse bases.
The following fields are used when we create new party:
- Profile Image
- Name of party
- Email of party
- Opening Balance - it party have some pending amount then you can enter that amount.
- Opening Balance Type - it can be pay or receive. If you want to receive amount, then it will be received.
- Credit Period - time for which you want to give credit
- Credit Limit - amount for which you want to give credit
Opening balance, Credit period, Credit Limit are warehouse bases. So, update it according to new warehouse/store.