About Receiving

About Receiving

See Flags That Affect Receiving Functions for details on how company settings affect receiving processing.

In addition, the default location, grade standard, and shipment method for purchased goods is set in the General Company Setup (STCOMP), General tab. For goods received with defects, the default code standard is also set there.

Receiving has these main objectives:

• It adds material to inventory
• It records the Genera Ledger transaction for the value of the inventory received
• Until inventory is received and checked, the invoice for the PO that ordered the materials should not be paid

The receiving menu contains 6 functions:

1. Enter Receipt
2. Enter Consumable Receipts
3. Enter In-Transit Inventory
4. Enter Mill Heat Info
5. Receipt From Consignment
6. Confirmation Receipt

Each of these functions is described in the associated Links

Receipt Types

Receipts of the following types can be generated:

• Purchase Order (receiving material purchased through a PO)
• Customer-Owned Material (receive material owned by the company and received for internal processing or storage)
• Customer Return (receive material sold to a customer as part of a sales order and currently has a claim against it)

• Miscellaneous (receive material for internal purposes such as physical inventory count or opening balance
• Transfer – receive from another company location

Receipt Structure

All receipts have the same structure regardless of order types.  Certain pieces of information may, however, differ or be optional depending on the receipt type. There are also some differences in the way SEMS handles each type of receipt.

Each receipt has a header and one or more line items. The header contains information that applies to all line items. Each line item includes information regarding a single steel product or single consumable item being received.