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.
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
A goods received transaction is written to the batch transaction fileArticle ID: 427
Created On: Mon, Jun 18, 2012 at 1:37 PM
Last Updated On: Thu, Jun 22, 2023 at 11:21 PM
Online URL: https://kb.datafile.co.uk/article/goods-received-stock-control-427.html