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5
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Managing Your Inventory

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Understanding Your Numbers

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Receiving Inventory

3 min read

The shipment’s here. Boxes are stacked by the back door. Now what? This is the moment where your inventory numbers either stay accurate or start to drift — and once they drift, every report you pull and every reorder decision you make gets a little less reliable. Receiving properly takes a few extra minutes, but it pays for itself many times over.

Receiving Against a Purchase Order #

If you created a PO (and you should have), receiving is straightforward. Open the purchase order for the shipment that arrived, then click Receive.

TORO shows you everything that was ordered. Go through each item, verify it’s actually in the boxes, and enter the quantity you received. Sometimes it matches perfectly. Sometimes it doesn’t — you might get short-shipped, find damaged items, or receive substitutions you didn’t expect.

Note any discrepancies as you go. When you’re done, complete the receiving process. TORO updates your quantity on hand automatically for everything you received. No manual QOH adjustments needed.

When Only Part of the Order Shows Up #

It happens all the time. You ordered 10 cases and only 6 arrived. Don’t wait for the rest — receive what came in now. The items you received get added to your inventory immediately, and the remaining items stay open on the PO.

When the rest of the shipment arrives days or weeks later, you receive against that same PO. TORO keeps track of what’s been received and what’s still outstanding, so nothing falls through the cracks.

How Receiving Affects Your Costs #

Here’s something that’s easy to overlook: receiving doesn’t just update quantities — it updates costs too. If the vendor’s price changed from what was on the original PO, TORO recalculates your average cost for that item automatically.

This matters because your average cost drives your margin and profit reports. If costs went up and you don’t adjust, your reports will overstate your margins. If costs went down, you might be leaving money on the table with your pricing. Either way, accurate cost data starts with accurate receiving.

Best Practices #

Count everything. Don’t just glance at the packing slip and assume it’s right. Open the boxes, count the items, and compare to what the PO says. Packing slips have errors more often than you’d expect.

Check for damage before you accept anything. Once you’ve received items into the system, dealing with damaged goods gets more complicated. Catch it at the door.

Match three things: the PO, the physical shipment, and the vendor invoice. If all three agree, you’re golden. If they don’t, you need to figure out which one is wrong before it becomes your problem.

If something is wrong or damaged, note it and contact the vendor right away. The longer you wait, the harder it is to get credits or replacements.

Don’t skip receiving. This is the big one. Every time someone puts new stock on the shelf without receiving it in TORO, your inventory numbers become a little less trustworthy. Over weeks and months, those small gaps add up to big problems — stockouts you didn’t see coming, overorders because the system thought you were low, and inventory counts that don’t make any sense. Receiving is what keeps your data honest.

Review your retail prices after receiving. Especially if costs went up. Your margins might have just shrunk without you realizing it. A quick check after each receiving session ensures your pricing still makes sense for your business.

Updated on February 14, 2026

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Printing and Managing BarcodesCreating a Purchase Order
Table of Contents
  • Receiving Against a Purchase Order
  • When Only Part of the Order Shows Up
  • How Receiving Affects Your Costs
  • Best Practices

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