• Receipt Transaction

Receipt transactions are done in system to receive material via a purchase order (standard
order/blanket release), an internal requisition or a return material authorization number. Receipt
transactions always results in increase of the inventory on hand if the item received is a quantity
tracked item.

There are two different ways in which receipt transactions can be done in system.
1. Receipt through standard form:
User first enters the header level information in the standard form and then manually select the
receipt documents in the lines.

2. Receipt through multi action form:

User search for expected receipts through various criteria and then select the lines from the
search result to receive the material.

RMAs can only be received in standard receipt form.

Receipt transactions, involving asset items, have financial impact and affects accounting
information in the system. When you receive/accept an item in a specific location, system
automatically debits the account related to the ‘To Location’

All receipt transactions affect the system on hand quantity of the transaction location, if the
quantity transacted has on hand tracking enabled. When you receive/accept an item in a specific
location, system automatically increases the on hand quantity of that ‘To Location’.

To receive, asset items, the ‘Frozen cost’ should be available in this system; else system will
show an error message and won’t change the on hand quantities.

For serial, lot and item revision controlled items, you have to enter all these information at the
point of receiving.