Overview

Goods receipts are primarily used to "receive" materials into stock.

Goods receipts are used for documenting and confirming the receipt of goods or materials into inventory, ensuring accurate records and supporting various processes within the ERP. 

They update stock counts in real time, providing visibility into product inventory and stock of warehouse locations while linking to purchase orders, services or production/development work orders to confirm correct deliveries from suppliers. 

Goods receipts also facilitate quality control by recording checks and ensuring items meet specifications before adding them to stock. Additionally, goods receipts create an audit trail for regulatory compliance and traceability, making them a critical component for efficient inventory, procurement, and financial management in an ERP.