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receiving report

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A document that indicates the quantity of goods received. This report is often matched in the
accounts payable department with the purchase order and the vendor’s invoice prior to paying
the vendor.

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  • Debits and Credits
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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