Purchase Order & Vendor Management Software
Streamline procurement from purchase orders to vendor bills, track supplier payables, and claim full Input Tax Credit on inventory purchases.
What is purchase management in accounting software?
Purchase management records purchase orders, inward goods receipts, and vendor tax invoices, automatically updating inventory stock quantities, calculating supplier balances, and recording Input Tax Credit.
What Likhtam delivers for this workflow.
Real features engineered for real business operations, not generic templates.
Purchase Order to Bill Conversion
Create formal POs and convert them to purchase invoices upon shipment receipt with one tap.
Supplier Running Ledger
Maintain transparent accounts payable ledgers for every vendor, showing purchases, payments, and balances.
Supplier Due Date Reminders
Get alerted before supplier invoices come due to avoid late penalties and maintain strong vendor credit.
Input Tax Credit (ITC) Verification
Log supplier GSTIN and tax splits to ensure seamless tax credit claims on monthly GST returns.
Live Product Document management: Purchase orders, bills, and inward challans
How it works from start to finish.
A clear, step-by-step process designed to keep your books completely balanced.
Issue Purchase Order
Create and send purchase orders specifying items, agreed prices, and delivery terms.
Receive Inward Shipment
Match delivered goods against the PO and verify quantities.
Record Purchase Bill
Convert PO to bill; stock quantities increase and accounts payable ledger updates.
Settle Supplier Payment
Record bank or cash payment against the vendor voucher to balance the supplier account.
Designed specifically for:
- Wholesalers and retailers issuing formal purchase orders to manufacturers
- Factories procuring raw materials, components, and packaging supplies
- Businesses wanting to track upcoming supplier payment due dates to preserve credit
Factual questions, straight answers.
Clear details about Likhtam's capabilities, offline support, and compliance.
Yes. You can record partial shipments against a PO, keeping track of outstanding quantities remaining to be delivered.
Yes. Inward purchase bills immediately increase inventory quantities and update average cost per unit across your assigned warehouses.
Ready to run your books with total clarity?
Free forever on your phone or PC. Optional cloud sync and multi-user access when you need it.