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Generate revenue and burden costs for PO Receipted in current period but with a future dated EI date

in Project Management 5 comments

Summary:

Our client have migrated a number of project related purchase orders with expenditure item dates into future dates based on expected delivery dates in the legacy systems.

However from a business stand point a supplier can deliver at an earlier date. Here we are at a situation where a number of PO receipts were delivered by the supplier earlier since going live in January 2022.

I have illustrated the issue using this example below:

e.g.

PO raised on 30/11/2021

Requested Delivery Date = 31/03/2023

PO Expenditure Item Date = 31/03/2023 [Defaulted from Requested Delivery Date]

PO Receipt Date = 21/01/2022 and PO receipts accounted in GL in the current period 2022P10 [From Date 24/12/2021- To Date 21/01/2022]

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