Hello,
I am using the latest version and setup a company as “playground”. I created a purchase order to a vendor and then received the item (10x) through Copy to “New Goods Receipt”.
I went back to the inventory items and checked, but the quantity on hand for that item was still zero.
The same thing happened when I entered the quantity of that item, using the option starting balance. Also in this case the count was still zero.
Does anyone have an idea of what I am doing wrong?
Purchase orders have no financial impact. They are only a shortcut for recording information to copy to other transactions. You need a purchase invoice or payment to record purchase of goods. Read the three-part Guide beginning here: Manage inventory - Part 1 Introduction | Manager. Also see Issue purchase orders | Manager.
Hello Tut:
Thank you for your Kind reply. Actually I have realized that I set the start date to February 03 and it appears that’s the main reason I by the system was not recording the received items. I set the date to today’s date (26. January) and everything looks good - items purchased and received through Goods Receipt are recorded properly.