Question

Which of the following are consequences of the goods receipt step in the procurement process?

1) A material document is created
2) The material master is updated
3) The purchase order history is updated
4) An accounting document is created

Answer 1

The consequences of the goods receipt step include creating a material document, updating the material master, updating the purchase order history, and creating an accounting document.

Step-by-step explanation:

The consequences of the goods receipt step in the procurement process are:

1. A material document is created: This document serves as a proof that the goods have been received.
2. The material master is updated: The material master record is updated to reflect the new inventory received.
3. The purchase order history is updated: The purchase order history is updated to show that the goods have been received.
4. An accounting document is created: This document records the financial transaction related to the procurement.