Receiving Tickets track the receipt of items against a Purchase Order in ToolWatch Purchasing.
Each time you receive items from a Purchase Order, a Receiving Ticket is automatically created.
You can receive against a Purchase Order as many times as needed until all items have been received or canceled.
Receiving Tickets record important details, including:
The items received
The quantities received (full or partial)
The actual prices paid
Shipping and tax amounts
If the actual price of an item differs from the Purchase Order price, you can update the Actual Price directly on the Receiving Ticket.
Updating the Actual Price automatically adjusts the Average Purchase Cost and Last Purchase Cost stored in the Tool and Material Records.
Items can be received at both Stock Locations and Non-Stock Locations through the cloud or mobile applications.
Fields Explained on a Receiving Ticket
Check All Box – Select to receive all items from the Purchase Order.
Purchase Order Information – Displays PO Number, Requisition Number, Document Number, and Vendor.
Receiving Information – Displays Received By, Received Date, Receiving Document, and Received At location.
Remaining – Shows the number of each item still left to receive.
Check Boxes – Check to mark specific items as received.
Received – Shows the quantity of each item received.
Actual Price – Shows and allows updates to the amount paid for each item.
Extended Cost – Displays the extended price (quantity × unit price) for each line item.
Tax, Shipping, and Total Cost – Summarizes additional costs associated with the Receiving Ticket.