About Receipt Adjustments

When entering adjustments to incomplete posted receipts, you can change the following fields in the I/C Receipts screen:

• Receipt description
• Posting date (which determines the fiscal year and period for the transaction)
• Additional cost for the receipt
• Comments for each item
• Adjusted unit cost for each item
• Extended cost for each item line

For instructions on using the I/C Receipts screen to enter receipt adjustments, see Entering Adjustments to Existing Receipts.

If you receive items into inventory before you know their costs, you can use the I/C Receipts screen in either of the following ways:

• Create and save an incomplete receipt that does not contain the cost of the items. When you get the invoice, edit the receipt to add the costs and then post it.
• Create and post an incomplete receipt. When you get the invoice, enter a receipt adjustment and then post the adjustment.

You cannot use the I/C Receipts screen to adjust receipt quantities, change the vendor, or change the exchange rate (for a multicurrency transaction).

If the receipt is marked Complete, was deleted, or is no longer available, you must enter the receipt adjustment using the I/C Adjustments screen.