Receipt transactions

When your agency receives new parts, create a receipt transaction to add the parts to your inventory. Receipt transactions are used to track the available number of parts and the costs of the parts.

The system also recalculates the average cost or area average cost of the part based on the unit cost of the receipt.

After you've created a receipt transaction, you can view it in the Transaction InfoViewer or create another receipt transaction. You can also return a part to your suppliers or look up and view other receipt and return to vendor/manufacturer transactions.

Receipt transactions are specifically used to record newly arrived parts. The total number of parts in a stock area can also increase due to returns from issue, returns from reserves, or transfers from one stock area to another.

The only change that you can make to a completed receipt transaction record is to update its budget numbers and comments. If you've made a mistake, you can reverse the transaction. If you want to correct the available quantity of the part involved in the transaction, you can create an adjustment transaction.

Note: If your agency has purchased Infor Barcoding, you can also use a barcode scanner to receive parts. See the Infor Barcoding documentation for instructions.