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Invice Price Variance - Accounting

edited Apr 25, 2019 7:40PM in Payables, Payments & Cash Management 1 comment

Summary

Invice Price Variance - Accounting

Content

Hi Gurus,

I have one quick question to clarify. While studying the SLA relating to AP Invoicing, I have observed that the Journal Rule relating to 'Invoice Price Variance' only fires if the config is 'Accrue At Receipt' (Condition attached with the Journal Line Rule)

Now in that context my questions are:

1. Why the IPV accounting has been designed to fire only for ‘Accrue at Receipts’ config based transactions ?

       1. a.   Therefore if the config is ‘Accrue at Period End’, why any IPV lines at the AP distribution level will remain unaccounted ?

2. If the config is ‘Accrue at period end’, what will happen to the PO Vs Invoice Unit price difference ?

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