Purchase Management > Transactions > Purchase Challan (Receipt Note)

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The Bill / Invoice is prepared on a future date but we receive a challan with the goods as a proof of goods sent. Such types of transactions are called Purchase Challan.

•	Purchase Challan is an agreement to sell the goods in which property/ownership of the goods is not passed to the buyer till an Invoice is prepared. The customer has only the possession of the goods but he is not the owner of the goods.

•	It shows the quantity, rate and other details of goods sent to the customer. Before closing the year, seller should prepare bills from challans. Seller should not have challans for which bill is not made.

•	Entry in Purchase Challan is similar to purchase bill entry in all respect, except that no accounting entry is made in this case.

•	It can be as a whole, in part or in multiple be retrieved in the purchase voucher.

•	Purchase Challan affects product stock by increasing it.

Purchase Challan Buttons

The Buttons are explained in Sale Order & Sales Invoice entry. Buttons specific to Purchase Challan are discussed here

–A Order Sel

Use this button to select purchase order from list