In Phoenix Livestock, the Inventory system links to Phoenix Financials providing they are in the same set of books. This creates links between inputs into the Inventory system and corresponding financial transactions in the financial system. As these two events can occur some time apart, there are three basic rules as to how this information can be recorded.
1.Record the input into the Inventory system first then record the corresponding financial transaction at a later date. This would typically occur where consumables are delivered and an invoice follows at the end of the month.
2.Record the financial transaction and in the same entry, record the input into the Inventory system. If all relevant information is at hand then it can be recorded in the one process.
3.Record a financial transaction and link an inventory input at a later date. This could occur when pre-purchasing consumables.
