Purchase order line items such as materials or items are
received at a site. Items are inspected, serialized or both before
transferring them to the appropriate storeroom, updating details,
and issuing receipts.
Purchasing process
The steps in the purchasing process include creating purchase
requisitions, creating purchase orders, receiving services and items,
and recording vendor invoices.
Holding locations
Items that require inspection, serialization, or both go into a holding location before they can be transferred to the appropriate storeroom (or into a direct issue location). Each site can have only one holding location.
Material receipts
Material receipts refer to data, such as quantities and
lot numbers, associated with items that are used for work done on-site
by your employees.
Service receipts
Service receipts refer to data associated with any service, such as repairs to assets, that are provided by a vendor or a contractor.
Rules for voiding receipt transactions
You can void a transaction that was applied to a purchase
order in error. A void is a reversal that brings the receipt back
to its former state. A voided receipt is similar to a return, with
the exception that a voided receipt cannot be considered for use on
a credit invoice.
Return of assets to vendors
You can return rotating assets and direct-issue items to
vendors. For example, if a rotating asset has a defect, you can return
the asset.
Records related to receipts
If you have records that are associated with receipts,
such as invoices, purchase orders, and requests for quotations, you
can view these records. You can obtain a comprehensive look at all
of the data that are related to receipts.