Delvery Notes, Goods Recieved Notes and Stock Levels

System

I was wondering, what happens if you recieve the goods in stock but the delivery note does not match with the Goods Recieved Note.

Do we still recored it in the stock Ledger Cards.

System

Re:Delvery Notes, Goods Recieved Notes and Stock Levels

Although it's taught by AAT, I've never seen a Goods Received Note. When receiving goods at our factory, our process is as follows;

The suppliers delivery note is ticked off by the warehouse against what is actually unloaded from the lorry. It's not unknown for physical stock being delivered to vary from the suppliers delivery note. Missing product is highlighted by the warehouse. At this point, all goods received will be booked onto stock, mainly so it doesn't get lost and is recorded somewhere.

The ticked off delivery note is then passed to purchasing to be checked against our purchase order. Some suppliers may also send their invoice with the goods so this too will be chcked against our purchase order. Goods we have received but didn't order will be returned to the supplier and a credit requested. Goods we have ordered but didn't receive will be reported back to the supplier as we may still be invoiced for them meaning a credit will also be requested. Some companies may move this unwanted stock from the warehouse to a bonded or quarantine area awaiting collection.

So although that's a long answer, the quick one for our company is "Yes, it will go onto stock - but only temporarily until it is returned" though that's not to say every other company will do so.

Regards,

Robert

System

Re:Delvery Notes, Goods Recieved Notes and Stock Levels

Thank you very much for your help. I really appreciate it.