What is the effect of not running the Create Uninvoiced Receipt Accruals process
I need to know the effect of not running the Create Uninvoiced Receipt Accruals process at all.
Will the PO be closed normally
Will the receipt journals not be generated at all, and is there any unexpected output will happen?
To clarify,
The requirement is to
1- Create and receive an expense PO.
2- Receiving this PO will not create any journals.
3- The only journals generated will be from the AP invoice
3- PO charge account will be the debit side in the ERS invoice.
We can do that by unchecking the accrue at receipt check box in the PO schedule, but if the PO was received and not invoiced before the accounting period ends the journals will be created upon running the Create Uninvoiced Receipt Accruals and then reversed in the next period.