Quick Start: Goods Receipt and Goods Issue

Owned by Jeff Ma (Unlicensed)
Last updated: Oct 16, 2014

This is used when you need to issue or receive a good into your inventory but not tie it to a marketing document such as a invoice or delivery document. An example of when we would use this is if we erroneously enter the wrong quantity number in the A/R invoice but have already added the document.

Step-by-step guide

  1. Choose either a Goods Receipt (if you need to bring in inventory) or Goods Issue (If you need to remove inventory)
  2. Fill in the columns such as Item No., Quantity, and Unit Price (in the Goods Issue, you have a Total Amount instead of Unit Price)
  3. Fill in the optional data such as Remarks and Ref. 2 and then click Add

You Item Master Data should now reflect the new changes.

 

NOTE: You can choose $0.00 for the cost if you want the system to reevaluate the item cost based upon the price already associated with in-stock quantity.

 

For an in-depth tutorial of journal entries please refer to Training 301 - Production