Goods receipt
In accounting, goods receipt means confirmation that goods arrived.
- Layer
- Lexicon
- Defined in
- Lexicon
- Components
- 1
Authority
This definition follows ASC 330.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
Goods receipt, in use
Quoted from the 2 documents that use the word — what it does to an interface, in the spec's own sentence.
PO, goods receipt, and invoice side by side, line by line, with differences highlighted at the line level.
The GL moves at goods receipt (if GR/IR is used) or at the bill.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- delivery
Components that render this
The concept is not documentation-only. These are the components that name it in their specification, grouped and stated exactly as the catalog states them.
Also in Payables
Work with this concept
The calculators that compute it and the ledger payloads that carry it. A definition is where a reader starts; these are where they go next.
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.