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Multi period accounting originating from PO distribution

edited Mar 23, 2020 3:12AM in Payables, Payments & Cash Management 5 comments

Summary

Multi period accounting originating from PO distribution

Content

Hi

Business scenario

1. PO is raised for an expense item. Expense GL combination is selected in the PO distribution.

2. PO Receiving is performed as an acknowledgement for receiving the item

    Accounting is set to 'At Receipt'

3. AP Invoice is matched to PO Receipt and processed

Current Action

The whole expense amount is debited to charge account defined in the PO line

Required action

a) Expenses must be debited to say Prepaid Account (I can provide this as charge account in PO)

b) When matched to Receipt, I want to amortize the expense over a period of sat 12 months

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