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Receipt

• A receipt is a written acknowledgment that a specified article or sum of money has


been received as an exchange for goods or services. The receipt is evidence of
purchase of the property or service obtained in the exchange.
•  For consumer
checkout, amount of transaction, method of payment, warranty or
return detail, special offer, advertisement or coupons
• For manufacturer
(a) Manufacturing Cost Control
(b) Raw material requirement tables can be taken according to the
manufacturing receipts and on planning basis.
(c) The cost of products can be calculated according to the raw material invoices.
(d) In repetitive manufacturing.
dispatch
• Dispatch means send away towards a designated goal.
• dispatch include taxicabs, couriers, emergency services.
For consumer
1. Getting product at right time
2. Demand and supply will be balanced.
For manufacturer
3. Dispatching is a function of Production controlling. It ensures the timely
movement of semi finished items from one machine to another machine.
4. It help to understand requirement of production.
5. Proper dispatching helps to reduce damaging.
Storage

• Storage are the godaons for keeping and storing of raw materials , semi
-finished goods ,tools, maintenance , repairing and operating equipments
related top production functions.
• At present time the goods are produced for in advance of demand. So
before the goods are bright in the market, they should be stored.
• Warehouse removes the hindrance of time between the places of
production and consumption.
• It helps lessen the expense of companies in having to transport all the
goods to different places. 
• Operators of storage warehouses are responsible for protecting all the
products that have been deposited in their respective warehouses.

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