The M-7 report is a document that reports action taken in case there is a discrepancy between a purchase order and the goods that you actually receive. The report is used to process the booking of material valuables in case the quantity, quality, type, or number of the goods outlined in the purchase order deviates from the sender's shipping documents. It is also used when booking materials that were shipped without documents. It forms the legal basis for a claim against the sender.

The M-7 form is created in two parts by an acceptance board that consists of a financially responsible person representing the company, a representative for the sender, and a third-party representative. When the material valuables are accepted, one copy of the M-7 form is given to the company accounting department to account for material valuables flow, and the other copy is given to the procurement department to serve as a claim letter on the sender.

1. Click Inventory management> Setup> Parameters.

2. On the Number sequencestab, select a number sequence code for the Receipts list voucherreference type.

3. Press CTRL+S or close the form.

4. Click Accounts payable> Setup> Forms> Form setup.

5. On the Packing sliptab, in the Country-specific formfield, select Russian format.

6. Press CTRL+S or close the form.

7. Click Basic> Setup> Company information.

8. On the Othertab, in the Report Folderfield, select the path of the report template.

9. Press CTRL+S or close the form.