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What is the use of INV-Receipts and PO-Reciepts,Just give
me the Differences&When,At what Instances to use Them...?

Answers were Sorted based on User's Feedback



What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / mandeep

PO receipts are the receipt for which we already have
ordered material via Purchase order or some other like
unordered receipt for which you can later match the
unordered receipts to a purchase order.

INV receipts are the receipts to do the adjustments in the
materials for example miscellaneous receipt or account
alias receipts. Onhand qty will increase after doing such
receipt.

Is This Answer Correct ?    8 Yes 0 No

What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / mukkamalla pullareddy

we do the PO receipt to which we had asked the items from
suppliers and INV receipt and PO Receipt forms are same in
oracle applications.all the receipt transactions can be
reflected in the Inventory module.there are somany types of
receipts avilable like PO receipt,Inv receipt,RMA
receipt,Unorder Receipt.suppose for Purchase order we do
the PO reciept,while returning the SO item will do the RMA
receipt,if you receive any unorder item then do the unorder
receipt.there are different concurrent programs avilable to
create the receipts in Inventory based on the receipt
types.This is up to what i know.

Is This Answer Correct ?    9 Yes 2 No

What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / hasan

There is nothing as INV Receipt? I dont kow exactly what
the questioner means from that? But yes we have PO
Receipts, RMA Receipts, AR Receipts

As far as Purchasing is concerned the PO Receipt is a form
where we do the receiving either it can be receiving of
Inventory (Stock) Items or Expense Items

Is This Answer Correct ?    2 Yes 0 No

What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / goutham

Invoice Receipt & Purchase Receipt are same but acts on
situation

Is This Answer Correct ?    2 Yes 1 No

What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / piyush

INV-Receipts and PO-Reciepts both are same

Is This Answer Correct ?    2 Yes 4 No

What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / ram bhushan jha

I think the both receipt are same. At the time of receipt
of orderd goods we receive also an Invoice on the base of
this INV. we create the GRN.

Is This Answer Correct ?    0 Yes 4 No

What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Inst..

Answer / neeraj bhatia

The Po recipts are those recipts, for which we have alreasy
physically receipts the goods. it may be possible that the
po is for 100 and we have receipt only 60.

now come to Invoice receipt: we have receipt 60 but
invoiced only 40. so this will called invoiced receipt

hope it is clear.

regards

Is This Answer Correct ?    1 Yes 12 No

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