Receipts
A receipt occurs when inventory is brought into a location. Receipts increase the quantity on hand of an item at a particular location. Use the following programs to receive inventory that does not have an existing or open order:
• Use Receipts–Unplanned (3.9) to receive miscellaneous inventory such as floor stock items sent back from production, or materials from a manufacturing order that has been closed from an accounting standpoint.
• Use Receipts–Sales Order Return (3.10) to tag a receipt as a return only if you do not use Sales Orders/Invoices. This is not a complete return since it does not update sales or commission history, and does not generate a credit invoice.
• Use Receipts–Return to Stock (3.11) to return to stock miscellaneous items that have been temporarily moved elsewhere.
• Use Receipts–Backward Exploded (3.12) to increase inventory quantity for an item at a designated site and location and decrease inventory for its components. Backward-exploded receipts are often used in kitting or simple assembly operations, where there is no need for a work order. Recording receipt of a finished item indicates that an associated set of items was used.