Goods Received - Stock Control

This option differs from the previous option ‘Purchase Orders Received’ only in that it assumes that the items were not originally entered as on-order. It does not therefore reduce the stock file on-order field when stock records are updated.

In all other respects it operates just like Purchase Orders Received.

Stock File Updating

When the stock files are updated the following actions occur for each item on the receipt:

The physical stock level is increased by the quantity received

The last transaction date is updated

The last purchase date is updated

The cost price is updated where configured to update on goods receipt

The FIFO details are updated as appropriate

A goods received transaction is written to the stock transaction file

When batch/serial stock items are received the following actions occur on update of the receipt

The physical stock level is increased by the quantity received

The purchase document number, date and supplier are recorded

The cost price is recorded