Receiving stock typically refers to the process of accepting and recording the arrival of new inventory or stock items in a business or organization. It involves checking the quantity and quality of the received items, updating inventory records, and making them available for sale or distribution
Dizlog's new feature allows you to effectively track and manage your incoming stock by providing receive stock options for an accurate inventory.
Not only does it help you keep your inventory in check and offers a range of benefits to businesses of all sizes.
To Add Initial Stocks:
💡 You may get to this page by following the instructions in the following help center articles:
Choose which App you are using:
How To Receive Stock from the Purchase Order Page:
Click Inventory Management dropdown lists and click Purchase Orders
Look for the Purchase Order number to Receive
Click the Receive Stock button of the Purchase Order Number
After clicking Receive Stock it will redirect to the "Bills" under Accounting
Under Bills for Purchase Order details are below
Purchase Order Number ( Auto Generated )
Supplier NameLocation: The Receiving Location of the items ordered in the PO
Date: Purchase Order Creation/Order Date
Due Date: Payment Due Date of the Purchase Order
Reference : ( Auto Generated )
Attachments: The file can attached from here ( OR or any other supporting documents necessary to the purchase order )
Tax: If prices below are no tax, tax exclusive, or tax inclusive
Description:
Item Name: Names of the items ordered in the Purchase Order
Oty: Total of the quantity ordered per item
Unit Price: Costs Prices of the ordered items
Account: Select which in account the items will be assigned
Amount: The total amount payable
You may now receive stock from this page
Indicate how many stock are you receiving under QTY column, you may indicate if only half qty are received or may continue on clicking "Approve" when delivery is complete.
There are three options in "Save"
a. Save as Draft
b. Save (Continue to edit)
c. Save and Submit for approval
Click on "Approve"
The Status will now show "Awaiting Payment"
Click the form/ under bills
Review the bill, enter the amount paid, date paid and select account for "Paid From"
Once done click "Add Payment"
The item maintenance will now update the stock of the items ordered from Purchase Order Received.