Buyouts
Written by Brandy Burch
Updated at March 21st, 2025
There are two types of buyout POs: Deferred Buyout and Immediate Buyout. If you need buyout POs, you will need to set up the parts based on these two types. The difference between deferred and immediate buyout parts is that Immediate Buyout POs will create a PO upon the update of the invoice that has the immediate buyout part on it. The deferred buyout PO will need to be entered into by the client.
Immediate Buyout
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Set up the part as an Immediate Buyout.
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In Invoicing > Enter Invoice, create a Work Order with the part number.
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Double-click on the Part Number to open up the buyout screen and enter the information to the best of your ability.
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Go into Purchase Order > find the PO. It will have the same number as the Invoice.
- Receive and Approve for Payment as normal.
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If there are any changes to the purchase price, make the adjustment here.
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Go back to Enter Invoices. Change the work order to Ready to Print. Adjust the Unit Amt if needed. Print and Update as normal.
