Welcome to Streamtime, where managing your job costs and purchases is made easy! In this article, we'll explore the difference between expenses and purchase orders in Streamtime, and how you can use them to keep track of your project expenditures. Let's dive in!
💳 Expenses in Streamtime
Expenses in Streamtime are any third-party costs that you incur or will absorb on a job. They can include a wide range of items, such as freelance team members, supplier costs, license fees, taxis, couriers, printing costs, and more. Essentially, expenses encompass anything you pay for on top of your team member cost rates. If you want to learn more about managing expenses in Streamtime, check out our dedicated article on the topic. 📚
🧾 Purchase Orders in Streamtime
A purchase order (PO) is a commercial document and the first official offer issued by a buyer to a seller. It outlines the types, quantities, and agreed prices for products or services, and it helps control the purchasing of goods from external suppliers. Many suppliers often require a PO before they can begin their work. At Streamtime, we understand how crucial this function is, which is why we've made it easy for you to create purchase orders within the platform. If you want to learn more about managing Purchase Orders in Streamtime, check out our dedicated article on the topic. 📚
Looking for a more in depth look at managing your expenses in Streamtime? Check out in depth webinar article Managing Third Party Costs and People
With this streamlined feature, you can effectively manage your job costs and purchases in Streamtime. Whether you need to record expenses or generate purchase orders for external suppliers, our platform has you covered. Take advantage of these tools to stay organized and keep your project finances in check! 💪💰