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Receiving

Input

Receiving

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There are five basic types of goods receiving:

Document Receiving of goods, which changes the balance at a warehouse and creates a liability to the supplier and cost invoices.
Internal
Internal receipt of goods (for example, packing slips for collective issues, goods on loan).
Collective
Invoice multiple internal receiving slips with one invoice which does not change the balance at the warehouse.
Prepayment
Prepayments made for goods and services

Related topics:

Data from receiving invoices is necessary not only for correct VAT (Value Added Tax) management. PANTHEON can serve as a record of receiving invoices due to its flexible nature. This way, receiving invoices for goods and items (that is, those used for your business activities), invoices for costs, and invoices for fixed assets can be stored. Ideally, the user should separate the invoices into three categories, open separate types document types for them, and then manage them as a whole. 

Additional advantages of entering of all invoices include:

OverviewYou won't have to look in the general ledger (where posts can be delayed) to check costs, but in the module used to create cost documents with the help of powerful calculation tools.
Pre-preparation for posting Receiving invoices recorded in the program can be easily posted to the general ledger. Set the account of the costs for an invoice and you can transfer the data into subject accounts with automatic posting.
No losing or forgetting invoices Because all invoices are stored in one place, the losing of the documents doe to non-synchronized posting or the human error is not happening. you won't be losing documents due to uncoordinated posting (the old way: goods accounts to goods accounting, cost invoices and fixed assets directly to the general ledger) or human error. With a good system at your company, by which every invoice is entered in the program as soon as it arrives at the company (you can always reverse it later), the possibility of data loss is it is infinitesimally small.
Analytical tools The goods module has powerful analytical tools for the subject accounts and general ledger. Adequate coding of expenses (within the Items register), where you can precisely determine where and with whom the costs will appear, is an added bonus.
General ledger control Reports of the general journal can be compared with reports of the general ledger and in order to find deviations quickly.


 

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