Supply Chain Management - PSFT (MOSC)

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[PSFIN 9.2][Purchasing] Should a receipt be closed?

edited Nov 30, 2015 6:57PM in Supply Chain Management - PSFT (MOSC) 2 commentsAnswered

Hello Everyone,

From what I understand, POs can be closed if there are no longer activities against it for a certain period of time but what about receipts? Why should they be closed? What are the benefits if a receipt is closed and what are the ramifications if a receipt is not closed? If there are receipts that have been completed but haven't been vouchered or have quantity left to voucher, the PO should not be completed/closed. If we have receipts that haven't been vouchered or have quantity left to voucher, the receipt should not be closed.

Navigation: Main Menu > Purchasing > Receipts > Close Receipts

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