Goods Receipt
A goods receipt is the recording and posting of goods that are received into a company or warehouse. It ensures that inventory is increased correctly and that the received goods remain traceable in the process. Goods receipt is a key step in inventory management because it links the acceptance of deliveries with stock control. This creates transparency, reduces errors and provides the basis for reliable warehouse management. After a purchase order has been delivered, the goods receipt is posted once the quantity and the goods have been checked and accepted.