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How to create goods receipts based on value instead of quantity?

carroj04
Member
486

My system seems to only accept goods receipts based on quantity (i.e. received 3 of 10 widgets) and does not allow for receiving based on value. Value based receipts are needed for many types of purchase orders, especially those related to services or custom supplied equipment where milestone payments are made. In my previous ERP system I could setup PO's that were either quantity OR value receipt based. With value receipt PO's I could receive any dollar amount within the PO so if the supplier invoiced me $35k of a $50k order I could receive exactly that amount.

The work around we use today is to swap the quantity and unit price so in my example above we would have a quantity of $50k with a unit price of 1, but that can cause other problems and is really just manipulating the system to make it work.

Is there a way to create PO's that can accept value based goods receiving instead of quantity based receiving?

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