Table of Contents

Creating a Receipt - Foreign

Introduction

Once the stock has arrived at the warehouse, The warehouse team will fill out a Delivery Slip of the counted/ Received stock, which will be signed off by the Warehouse manager and then sent to the Procurement team where the received quantity will be captured onto Odoo.

Responsible Team

  • Procurement & Stock Management Clerk
  • Procurement Manager
  • Warehouse Manager

Navigate to your Odoo dashboard and click on this application: Purchase

Navigate as follows to get to the correct screen:

Orders/ Validate Receipts

In the search bar at the top, type in the code of the Purchase Order, you should now land on a screen that looks like this:

Process

  1. Select the purchase order and click [RECEIVE PRODUCTS].
  2. Click [EDIT]
  1. Enter the Date of arrival under the field labelled 'ATA Warehouse'.
  2. Enter the received quantity under the input field Quantity as per the receiving form and the Vendor Invoice.
  3. Click [SAVE].
  4. Once all product quantities have been entered, click [VALIDATE].
  5. This stock quantity on hand is now updated in Odoo.
  6. Once a receipt has been validated, the weighted average cost of the item received will be impacted.
    The weighted average cost per unit is calculated using the following formula:

    Average Cost = (Former Qty x Former Average Cost) +( Incoming Qty x Purchase Cost) / Final Qty
In an instance that the Vendor delivers a quantity lower or higher than the ordered quantity, the ordered quantity should never be amended.

How did we do?

Confirm a Purchase Order - Foreign

Capture a Vendor Bill - Foreign

Contact