You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

PO cost and Invoice cost do not match

Accepted answer
edited Apr 22, 2021 6:49PM in Costing 1 comment


Customer wants to know the following:  You order something (ie PO created), receive against the PO, then the invoice comes in a different price than the PO.  How does this price variance get recorded in inventory?  Or does it?  My understanding is that inventory uses the PO price to cost for the average and actual cost methods, not the invoice cost.  Correct?


Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!