A product order can be marked as Placed to show that the order has been submitted and is waiting for the physical shipment to arrive. While the order remains in the Placed status, the item quantities are shown as On Order in the Product List and once the shipment is delivered, can be received into inventory.
Ensure that the order total matches the company's total before changing the order status to Placed. The wholesale amount is calculated using the default Discount percentage in Inventory Orders Settings. This value should be confirmed before continuing. If the tax needs to be adjusted, use the Flat Amount option by selecting the drop-down arrow from the Tax field.
From the sidebar navigation, click
Products, then Inventory Orders.
Select to highlight the applicable order from the main Inventory Orders screen. Then from the toolbar, select the placed button
. Select Yes to confirm adding the quantities of all items included in the order to the On Order field in the product list. Once you have physically received the shipment, proceed with Receive a Product Order Into Inventory.
The following animated image shows the steps for placing and receiving the order into your inventory.
