Purchase Order to Goods Receipt
Key controls from requisition and PO to receipt, inspection, inventory and invoice matching.
Learning objective
Complete a traceable procure-to-receive process.
03
Steps
01Create and approve a requisition with item, quantity, need date and organisation.
02Create the PO with supplier, tax code, currency, price and delivery date.
03Record the physical receipt, batch, packaging and variance.
04Where inspection is required, release accepted quantity to inventory only after QA.
05Match receipt and invoice to the PO; route exceptions for approval.
- 01
Create and approve a requisition with item, quantity, need date and organisation.
- 02
Create the PO with supplier, tax code, currency, price and delivery date.
- 03
Record the physical receipt, batch, packaging and variance.
- 04
Where inspection is required, release accepted quantity to inventory only after QA.
- 05
Match receipt and invoice to the PO; route exceptions for approval.
04
Implementation notes
- Received quantity is not always accepted quantity.
- Confirm supply-demand organisation links for intercompany procurement.
- Set quantity and price tolerances.