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When receiving a PO, it is not posting to the G/L until invoiced

  • 1.  When receiving a PO, it is not posting to the G/L until invoiced

    Posted 13 days ago
    ​Is there a setting/setup we are missing?  When we receive a PO that is an Inventory Item, it posts the cost to the Inventory G/L account and to a temporary A/P account.  Then when the invoice is put in, it moves it from the temporary A/P account and puts it in A/P trade, along with the variances posting properly.
    When we receive a PO that has a G/L account or a Non-Inventory Item, it doesn't do this.  The cost doesn't hit the G/L until we put in the actual invoice.  Thus it makes it crucial to get ALL your PO invoices in the system as we can't rely on the PO Receipt getting the cost into the G/L.
    Is there something we don't have set up so these G/L and Non-Inventory Items will post to the G/L account when we Receive the PO and not having to wait until the actual invoice is put in?  Thanks.

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    Doug Mays, Controller
    Bulldog Battery Corporation
    Wabash IN
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  • 2.  RE: When receiving a PO, it is not posting to the G/L until invoiced

    TOP CONTRIBUTOR
    Posted 12 days ago
    Expected Cost is an inventory only concept. Without a customization, there is no way that I am aware of to post expected cost for non-item lines in a purchase order.

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    Cynthia Priebe MCP, DCP
    Senior Analyst and Project Manager
    Liberty Grove Software
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