Lennox Computer - 07 3267 7880
info@lennox.com.au
Brisbane, QLD, Australia.
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Lennox Computer Enterprise Automation Software
Unit 8, 14 Ashtan Place, BANYO 4014
Brisbane, Australia
Phone: 07 3267 7880
http://www.lennox.com.au
Business Accounting Software
Innovation, Installation, & Support
Lennox Computer Home Page
eMail: info@lennox.com.au
Est. 1980
eCommerce
LILAC Purchasing
The Purchase Order document records purchase and receipt of goods - either for trading stock into the inventory ledger, or, for other types of purchasing to be expensed or treated as asset purchases.
Three Phase Purchase Order Sequencing
Purchase Order >> Goods Received >> Purchase Invoice
All documents are permanently stored and retrievable from the database.
Cost Price Management
LILAC manages cost prices for products comprehensively. A user may elect to employ Standard Cost, Average Cost or Last Cost for accounting operations, but in any case LILAC always calculates and maintains records of all three. Standard Cost accounting is particularly useful in a manufacturing context where stability of costing is important. Average Cost accounting may be appropriate in a distribution context.
Order Status Reporting
LILAC tracks the state of progress of all outstanding Purchase Orders and Goods Received transactions. The Status Purchase Orders report is always available to allow extraction of details and monitoring of un-processed and part processed purchases.


Foreign Currency
LILAC provides full support for purchasing from overseas suppliers in foreign currencies. Provision is made for overseas suppliers creditors accounts to be maintained in their currency with appropriate balancing entries generated automatically by the software. The software automatically manages profit/loss on foreign exchange transactions to account for currency fluctuations between time of purchase and cash settlement.