adjust receipt accounting and project cost when invoice is received at a discount
Hi everyone,
We received goods valued at $50 and the cost was successfully imported to the project from Receipt Accounting at the time of receipt. Later, the supplier invoice was received at a discounted price, resulting in a mismatch between the receipt cost and the invoiced amount.
I want to ensure that the project cost reflects the final invoiced amount instead of the receipt value.
Could you please guide me on:
Whether this situation should trigger a Retroactive Price Adjustment transaction type in Receipt Accounting that can flow through to Cost Management and update the project cost automatically?
- What accounting processes or jobs need to be run (e.g.
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