Receipt Acknowledgement – An overview

Introduction

This component facilitates the recording of material receipts against the reference of valid purchase ordering documents. Subsequent inspection details, accepted and rejected quantity details, particulars of the quantities moved to various destinations can be captured. The component also supports the return of material to the supplying parties, when required. Appropriate financial entries are made on the occurrence of relevant receipt actions.

Feature Highlights

• Provision to record stock or non stock receipts against valid purchase and subcontracting ordering documents. Receipts can also be recorded against Sale Orders and Pre GR Acknowledgement documents.

• Provision to record inspection details, accepted and rejected quantity details with supporting information.

• Provision to receive all stockable types of items and move the relevant quantities either to the specified warehouses or consumption points or hold the same temporarily.

• Provision to return material to the supplier when necessary.

• Provision to reverse receipts.

List of Activities