Introduction/Purpose:

The “Vendor Business” report in a procurement system provides a comprehensive overview of vendor-related information, focusing on total order amounts in both local and foreign currencies. The report includes the following details:

• Vendor Name: The name of the vendor involved in the business transactions.

• Vendor Code: A unique identification code assigned to the vendor.

• Currency: The currency in which the business transactions are conducted.

• Total Amount in Local Currency: The total value of all orders placed with the vendor for the current month, represented in the local currency.

• Total Amount in Foreign Currency: The total value of all orders placed with the vendor for the current month, represented in a foreign currency.

• Last PO Date: The date of the most recent purchase order placed with the vendor.

In addition to the above details, the “Vendor Business” report typically offers the following features:

• Filter: Users can apply filters to customize the report based on specific criteria. They can change the default current month and select any specific vendor to focus on their business transactions. This allows for flexible analysis of vendor performance and transactions.

• Refresh: This feature allows users to update the report with the latest data from the procurement system. By clicking the refresh button, the report will fetch the most up-to-date information.

• Clear Cache: In some cases, the procurement system may cache the report data to improve performance. The “Clear Cache” option enables users to clear the cached data and retrieve fresh data for the report.

• Export: Users can export the “Vendor Business” report to various file formats such as Excel, CSV, or PDF. This enables them to save the report locally or share it with others.

These features provide users with the ability to track vendor performance, monitor business transactions, and assess the impact on local and foreign currencies. The “Vendor Business” report assists in evaluating vendor relationships, managing financial aspects, and making data-driven decisions in procurement processes.