What is a goods receipt and post goods receipt?
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What is a goods receipt and post goods receipt?
Answer
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When the physical inbound transfer of material and goods are made into the warehouse is known as Goods receipt. It includes the transfer of those goods that have received from in-plant production or external vendors. Issuing of goods receipt always results in a hike in stock in the warehouse.
When the receipt of goods are posted concerning the purchase order with which products or goods were ordered are known as a post-goods receipt. When the material is sent concerning a purchase order, then all departments must make an entry in the system references.
