Dropshipping is a sales and order fulfillment process that does not require a business to keep products in inventory. Instead, the business sells the product and sends a dropship purchase order to a third-party supplier, who in turn ships the order to the customer. Dropshipping saves both time and money because the product goes right from the manufacturer or distributor directly to the customer.
There are several roles played in this model
The customer:
- orders the product
- pays the selling company for the product (and shipping)
- receive the product from the third-party vendor.
The selling company:
- receives the order from the customer
- places a dropship Purchase Order to the third-party vendor
- receives payment from the customer
- pays the third-party vendor for the product
The third-party vendor:
- receives the order for the product from the selling company
- ships the product to the customer
- bills the selling company for the product (and shipping in some cases)
In this model the product is only shipped once – to the customer from the third-party vendor.
Visual status indicators #
The status indicators in AccountingSuite help users gain a clear overview of the order processing stages within both sales and purchase cycles. By simply glancing at these indicators, users can instantly determine the status of an order without the need to check each one individually. The combination of colors and fill provides a quick and efficient way to understand where each order stands.
In AccountingSuite, there are three distinct colors used to represent status: red, yellow, and green. Each color carries a specific meaning:
- Red indicates that the order is experiencing issues, delays, or is marked as critical.
- Yellow suggests that the order is in progress but might require attention or is awaiting further action
- Green signifies that the order is completed or moving smoothly through the cycle.
The type of indicator depends on the status:
- Empty Circle
- Partially Filled Circle
- Filled Circle
However, the color of the indicator is not solely determined by the status, but rather by the date and whether the document is being completed on time or late. For example, Partially Shipped will always be represented as a partially filled circle, while the color will depend on the deadline:
- Green for on time
- Yellow for approaching the deadline
- Red for overdue
This visual system streamlines monitoring and enhances efficiency by enabling quick decisions and prioritization, ensuring that all orders are managed effectively.
Icon | Description |
The dropship order has been created but not yet processed or confirmed. | |
The dropship order is partially processed; some items have been shipped, while others are still pending. | |
The dropship order is fully processed and completed, with all items shipped and delivered. | |
The dropship order is pending further action, such as awaiting confirmation or additional information. | |
The dropship order is in progress but has encountered issues that need to be resolved before it can be completed. | |
The dropship order has been canceled and will not be processed further. | |
The dropship order has encountered significant issues or errors, requiring immediate attention or potential cancellation. |