Common mistake to avoid in the Good Receipt Process – mistake | inventory | process
Common mistake to avoid in the Good Receipt Process
Some common mistakes that can occur in the good receipt process include:
Receiving the wrong goods: This can occur if the supplier has sent the wrong goods, or if the purchase order was unclear or incorrect.
Receiving the wrong quantity: This can occur if the supplier has sent the wrong quantity of goods, or if there was a mistake in the counting process.
Not checking for quality: If the goods are not checked for quality upon receipt, it may not be discovered until later that the goods are defective or do not meet the required standards.
Failing to record discrepancies: If discrepancies are not recorded on the receive note, it may be difficult to identify and resolve issues with the supplier.
Not updating the inventory: If the inventory is not updated to reflect the receipt of goods, it can lead to incorrect stock levels and potentially result in lost sales or overstocking.
Not verifying the invoice: If the invoice is not verified against the purchase order and receive note, there is a risk of paying for goods or services that were not received or that did not match the purchase order.
To avoid these mistakes, it’s important to have a clear and detailed process in place for good receipt, including steps for checking the quality and quantity of the goods received and for verifying the invoice.