The system automatically creates unique Batch numbers for material received. The quantities and values of each Batch are used in the Stock Valuation report.
Material details and supplier identification are inherited up from Purchase Orders. However, quantities delivered, lengths of material, thickness of plate etc., may be varied from Purchase Order details.
A Batch may comprise the whole quantity of one material delivered, or each bundle, or each piece, depending upon the nature of the business and for Traceability. An Order may be made up by any number of partial deliveries.
A Stock Location (or Quarantine) and other relevant information can be assigned at Goods Inwards. More detailed information can be entered later, on Batch Details.
The value of material is taken from the Purchase Order but is not made visible to the Goods Inwards operator.
Goods Received Notes can be generated if required, but as the information is available within the system, such a document is usually unnecessary paperwork.