Journal Entries PO Receipt - Revision history

Mwillard at 17:23, 5 December 2022

2022-12-05T17:23:01Z

Vtran at 15:48, 8 September 2022

2022-09-08T15:48:04Z

Vtran at 17:06, 19 July 2022

2022-07-19T17:06:09Z

Vtran at 17:04, 19 July 2022

2022-07-19T17:04:52Z

Vtran at 17:02, 19 July 2022

2022-07-19T17:02:06Z

Vtran at 14:41, 19 July 2022

2022-07-19T14:41:55Z

Vtran at 14:40, 19 July 2022

2022-07-19T14:40:49Z

Vtran at 14:27, 19 July 2022

2022-07-19T14:27:24Z

Vtran at 14:05, 19 July 2022

2022-07-19T14:05:36Z

Vtran at 13:55, 19 July 2022

2022-07-19T13:55:44Z

@@ Line 45: / Line 45: @@
 [[Category: Accounts Payable]]
 [[Category: General Ledger]]
-[[Category: Purchase Orders]]
+[[Category: Purchasing]]

@@ Line 1: / Line 1: @@
 __NOTOC__
-===General Information===
+==General Information==
 A PO Receipt will debit the Item Control account and credit PO Clearing (aka Accrued AP).
@@ Line 9: / Line 9: @@
 '''Please note that your PO Clearing Account in the GL should reconcile to your Unbilled PO Receipts report.  If it doesn't, then the most likely cause is an AP invoice that was distributed to the PO Clearing account without actually clearing a PO receipt.'''
 ===Control Account===
 When a '''stock item''' is received, the Inventory Control account is determined by the Control Account listed on the [http://www.abiscorp.com/faq/images/8/8e/JE_Inventory_Control_Account.png OHF tab of the Item Master].
@@ Line 20: / Line 19: @@
 Non-Stock items follow the same rules, however the user may enter a [http://www.abiscorp.com/faq/images/6/67/JE_PO_Acct_Screen.png GL account directly onto the PO ]to debit an account.
 ===PO Clearing Account===
 The PO Clearing account is determined by the PO Clearing account listed the [http://www.abiscorp.com/faq/images/8/83/JE_OHF_PO_Clearing_Screen.png OHF tab of the Item Master].
@@ Line 28: / Line 26: @@
 If that account is blank or invalid, then the Control Account listed on the [http://www.abiscorp.com/faq/images/2/21/JE_CID_PO_Clearing_Screen.png CID Maintenance screen] will be used.
 ===PO Receipt >> AP Invoice >> AP Check===
@@ Line 44: / Line 41: @@
 |}
-'''Please note that the Cost of Goods entry is made when the item you received is shipped to a customer (not when you receive it). This aligns your cost and revenue entries by recognizing the corresponding cost with each sale.'''
+<u>'''Please note that the Cost of Goods entry is made when the item you received is shipped to a customer (not when you receive it). This aligns your cost and revenue entries by recognizing the corresponding cost with each sale.'''</u>
 [[Category: Accounts Payable]]
 [[Category: General Ledger]]
 [[Category: Purchase Orders]]

@@ Line 23: / Line 23: @@
 ====PO Clearing Account====
-The PO Clearing account is determined by the PO Clearing account listed the [OHF tab of the Item Master].
+The PO Clearing account is determined by the PO Clearing account listed the [http://www.abiscorp.com/faq/images/8/83/JE_OHF_PO_Clearing_Screen.png OHF tab of the Item Master].
-If that account is blank or invalid, then the PO Clearing account listed on the [Warehouse screen] will be used.
+If that account is blank or invalid, then the PO Clearing account listed on the [http://www.abiscorp.com/faq/images/3/3e/JE_WH_PO_Clearing_Screen.png Warehouse screen] will be used.
-If that account is blank or invalid, then the Control Account listed on the [CID Maintenance screen] will be used.
+If that account is blank or invalid, then the Control Account listed on the [http://www.abiscorp.com/faq/images/2/21/JE_CID_PO_Clearing_Screen.png CID Maintenance screen] will be used.

@@ Line 12: / Line 12: @@
 ====Control Account====
-When a '''stock item''' is received, the Inventory Control account is determined by the Control Account listed on the [[http://www.abiscorp.com/faq/images/8/8e/JE_Inventory_Control_Account.png OHF tab of the Item Master]].
+When a '''stock item''' is received, the Inventory Control account is determined by the Control Account listed on the [http://www.abiscorp.com/faq/images/8/8e/JE_Inventory_Control_Account.png OHF tab of the Item Master].
-If that account is blank or invalid, then the Control Account listed on the Warehouse screen will be used.
+If that account is blank or invalid, then the Control Account listed on the [http://www.abiscorp.com/faq/images/6/67/JE_PO_Acct_Screen.png CID Maintenance screen] will be used.
-If that account is blank or invalid, then the Control Account listed on the CID Maintenance screen will be used.
+Non-Stock items follow the same rules, however the user may enter a [http://www.abiscorp.com/faq/images/6/67/JE_PO_Acct_Screen.png GL account directly onto the PO ]to debit an account.
 ====PO Clearing Account====
-The PO Clearing account is determined by the PO Clearing account listed the OHF tab of the Item Master.
+The PO Clearing account is determined by the PO Clearing account listed the [OHF tab of the Item Master].
 [[File: JE_OHF_PO_Clearing_Screen.png]]
-If that account is blank or invalid, then the PO Clearing account listed on the Warehouse screen will be used.
+If that account is blank or invalid, then the PO Clearing account listed on the [Warehouse screen] will be used.
 [[File: JE_WH_PO_Clearing_Screen.png]]
-If that account is blank or invalid, then the Control Account listed on the CID Maintenance screen will be used.
+If that account is blank or invalid, then the Control Account listed on the [CID Maintenance screen] will be used.
 [[File: JE_CID_PO_Clearing_Screen.png]]

@@ Line 12: / Line 12: @@
 ====Control Account====
-When a '''stock item''' is received, the Inventory Control account is determined by the Control Account listed on the '''OHF tab of the Item Master'''.
+When a '''stock item''' is received, the Inventory Control account is determined by the Control Account listed on the [[http://www.abiscorp.com/faq/images/8/8e/JE_Inventory_Control_Account.png OHF tab of the Item Master]].
-[[File: JE_Inventory_Control_Account.png]]
 If that account is blank or invalid, then the Control Account listed on the Warehouse screen will be used.

@@ Line 18: / Line 18: @@
 [[File: JE_Item_Control_Acct_Screen.png]]
-If that account is blank or invalid, then the Control Account listed on the [http://abiscorp.com/adjwiki/GetFile.aspx?File=Journal Entry Architecture/cid_icacct.png|CID Maintenance screen] will be used.
+If that account is blank or invalid, then the Control Account listed on the CID Maintenance screen will be used.
 [[File: JE_Stock_Inv_Acct_Screen.png]]
-Non-Stock items follow the same rules, however the user may enter a [http://abiscorp.com/adjwiki/GetFile.aspx?File=Journal Entry Architecture/po_glacct.png|GL account directly onto the PO] to debit an account.
+Non-Stock items follow the same rules, however the user may enter a GL account directly onto the PO to debit an account.
 [[File: JE_PO_Acct_Screen.png]]