But we do need the Goods receipts and Delivery notes
Like I explained in previous posts as a manufacturer we need to give the raw inventory items for job work. In this case it is not a sale, just movement of goods which will be processed and returned back to us. We use Delivery notes for the same.
When receiving back the processed goods after job work, previously we used the Purchase invoice to update the stock even though we had to edit the purchase invoice later because the invoice for a job work is usually made once a month for all the services provided together while the movement of goods from them to us is issued by delivery note from their side. Now that we have Goods receipt feature, which is something we eagerly expected to have, will help us update the stocks when we receive the processed inventory items rather than making a purchase invoice and editing it later.
This is true. But in our case the delivery note or goods receipt may or may not be accompanied with an invoice. When an item leaves the warehouse with a delivery note then its a stock out and when an item arrives with a delivery note (goods receipt) then its a stock in.
We have books for this called a Delivery Challan and this is the legal document required for movement of goods for a job work and also when an invoice is to be issued later. A delivery note eliminates the need of this book.