Record Purchase Order Receipt

Overview:

The Purchase Order Receipt window allows you to record the receipt of materials ordered through the Purchase Order module. 

When you post a Purchase Order Receipt batch and distribute the receipts, PENTA:

• Updates the receipt history for Purchase Order Line Items and allows for three-way matching to occur (committed, received, and invoiced) when you enter an invoice in the Invoice and Credit Memo Entry window.

• Updates the appropriate warehouse/location for inventory-related Purchase Orders.

• Generates the appropriate accounting entries for inventory receipts as well as receipts of inventory directly to Job cost.

• Makes the following accounting entries during the receipt distribution process:

  • Inventory

Benefits:

• Allows for three-way match to occur (committed, received, invoiced)

• Validates the material received match what was ordered

Roles:

• Warehouse Manager

• Field Supervisor/Foreman

• Purchasing Group

Location:

• Purchasing > Purchase Order Receipts

Video: