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▶️How To Process Inventory Receipts & Post To The Receiving Journal

Matt Staff Updated by Matt Staff

When stock is received from an OSTK (Order for Stock) order, you need to count in and receive in the items. Then, you need to close the receiving journal to impact the inventory account.

1. Click on Receive

In the main navigation menu, click on the "Inventory" module, and select "Receive".

2. Click on Receipts

Find the order in question and, in the "Actions" column, click on "Manage" and "Receipts.

3. Enter Received Quantity

In the "Rcvd-Qty" field, enter the quantity received and click "Save".

4. Click on Receiving Journal

Within the "Inventory" module, select "Receiving Journal".

5. Supplier Vouched

Notice red highlight and red font color for the order in question. This indicates that vendor invoices have not been processed.

6. Click on Enter Supplier Invoice

Process the vendor invoices for the order in question.

7. Click on Receiving Journal

In the main navigation menu, click on the "Inventory" module and navigate back to receiving journal.

8. Select the Order(s) to Close

Select the order(s) to close. Notice in our example the order remains highlighted in red. This is due to a discrepancy between the PO Qty and the quantity received.

9. Complete / Post to Rcv Jrnl

Click on the "Selected" tab and click on the green button "Complete/ Post to Rcv Jrnl". Then click "Finish" on the next screen.

10. Click on Close/Print Receiving Journal

In the top ribbon menu, click "Receiving Journal" drop down and select "Close/Print Receiving Journal". Close the Receiving Journal.

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▶️How To Process A Return To Inventory

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