Can you confirm when receipting inventory that has been ordered through a purchase order you receipt from the purchase invoice or delivery note? DEAR seems to use purchase invoice as the receipting method, although many companies only send the goods with a delivery note and the purchase invoice is sent to the finance department within a couple of days and not with the delivery note. Most delivery notes don't have purchase invoice prices or reference to the delivery note number.
Hi Julie. Once the stock receipt is authorized the items are placed in stock and are available for sale but they do not have any value until the purchase invoice is authorized. Once the purchase order is authorized the system assigns cost to the inventory items and creates a purchase transaction. If the items were already sold the cost of goods sold transactions will also be updated.