Creating an item receipt for a purchase order in NetSuite

I am trying to create an item receipt for a purchase order in NetSuite and it is failing continuously. In NetSuite, when you click receive on PO, it takes you to "Receive Inbound Shipment" page on NetSuite.

I tried to create an item receipt and then tried to create a Receive Inbound Shipment document but they are still failing. Anyone faced a similar scenario?