Receiving in Counterpoint documents the process of receiving merchandise from your Vendor. Once a Receiving is POSTED in Counterpoint, the item quantities will be updated along with the “Last Cost” of the items. When you use Serialized Items in Counterpoint one way to enter and associate Serial numbers is through a Receiving. Watch our video below to find out how to enter Serial numbers for your Serialized Items in Counterpoint. Please note this video details a Receiving without the use of a Purchase Order.