Lab Exercise: Material Receipts

Refer to: Material Receipts

Creating a Material Receipt Video

In this exercise we will assume that we have physically received the items that we ordered from the two vendors in the previous examples and lab exercises. The next step, then, is to record receipt of those goods in the system.

There should be two POs in the system, corresponding to the previous examples: One to vendor "Ethiopian Free Trade Consortium" and one to "Nuova Distribution". For this lab exercise, create a material receipt record for all of the items purchased on these two POs. (You may have already completed the first one while following the text example.)

As a reminder, the steps to create a material receipt from a PO are:

1. Locate the PO in Purchases > Transactions > Purchase Orders. (Filter and select the vendor if necessary.)
2. Select the record, and use the RUN PROCESS menu option "Create Receipt/Bill"
3. In the dialog box, check "Shipment/Receipt and leave document status at "Drafted"
4. Click on the link in the resulting dialog to view the material receipt record (or use Purchases > Transactions > Material Receipts)
5. Confirm the items on the Receipt Line tab
6. Set the document status to "Complete" using the DOCUMENT ACTION button (Back on the header record on the Material Receipt tab).
7. (Optional): Click on the POSTED button to view the transaction posting (Make sure security is set to see this.)

The items are now in inventory and available to be sold.