Purchase Receipt

This transaction is used to receipt goods and services either from an existing Purchase Order or where No Purchase Order currently exists.

 

Debit

Credit

 

(For Inventory)

       If using Standard Cost)

       Cost Centre

       RECEIPT COST VAR

                       or

       If not using Standard Cost)

       Cost Centre

 

(For Descriptors) Cost Centre

 

(For Catalogue Items) Cost Centre

 

(For Direct Allocations)  JOB WORK IN PROGRESS or ASSEMBLY WORK IN PROGRESS

 

 

 

 

 

 

 

PURCHASES RECEIVED NOT INVOICED

 


Receipt Cost Variance (only if Standard Cost is being used):


The value of this variance is the difference between the Purchase Receipt Cost and the Current Standard Cost of the item being Receipted.


The Inventory Warehouse Category Mapping is evaluated first to determine the Receipt Cost Var Cost Centre for the Item based upon its Category. If no Warehouse Category Mapping rule exists,


then the Receipt Cost Var Cost Centre is evaluated from the Warehouse of the transaction to determine the Cost Centre for Receipt Cost Var. If no Warehouse Receipt Cost Var Cost Centre exists,


then the Stock Cost Centre from the Base Cost Centre Mapping is used 



Inventory:


The Inventory Warehouse Category Mapping is evaluated first to determine the Inventory Cost Centre for the Item based upon its Category. If no Warehouse Category Mapping rule exists,


then the Inventory Cost Centre is evaluated from the Warehouse of the transaction to determine the Cost Centre for Inventory. If no Warehouse Inventory Cost Centre exists,


then the Stock Cost Centre from the Base Cost Centre Mapping is used 


Descriptors:


The Descriptors Expense Cost Centre is evaluated first to determine the Descriptor Cost Centre. If no Cost Centre exists on the Descriptor itself,


then the Cost Centre Mapping By Site is evaluated to determine the Cost Centre for Descriptor Expenses based on the site of the Purchase Receipt. If no Site Cost Centre Mapping rule exists,


then the Base Cost Centre Mapping is evaluated to determine the Cost Centre for the Descriptor Expenses.


Catalogue Codes:


The Catalogue Expenses Cost Centre on the Supplier Catalogue is evaluated first to determine the Catalogue Cost Centre. If no Cost Centre exists on the Catalogue itself,


then the Cost Centre Mapping By Site is evaluated to determine the Cost Centre for Catalogue Expenses based on the site of the Purchase Receipt. If no Site Cost Centre Mapping rule exists,


then the Base Cost Centre Mapping is evaluated to determine the Cost Centre for the Catalogue Expenses.



Job Work In Progress:


The Cost Centre Mapping By Site is evaluated to determine the Cost Centre for Job Work In Progress based on the site of the Job Order. If no Site Cost Centre Mapping rule exists,


then the Base Cost Centre Mapping is evaluated to determine the Cost Centre for the Job Work In Progress



Assembly Work In Progress:


The Cost Centre Mapping By Site is evaluated to determine the Cost Centre for Assembly Work In Progress based on the site of the Assembly Order. If no Site Cost Centre Mapping rule exists,


then the Base Cost Centre Mapping is evaluated to determine the Cost Centre for the Assembly Work In Progress



Purchases Received Not Invoiced:


The Cost Centre Mapping By Site is evaluated to determine the Cost Centre for Purchases Received Not Invoiced based on the site of the Purchase Receipt. If no Site Cost Centre Mapping rule exists,


then the Base Cost Centre Mapping is evaluated to determine the Cost Centre for the Purchases Received Not Invoiced