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Use charge account on invoice in case of 2-way match PO with Accrual on Receipt

Incorrect Answer


I am looking for a solution via SLA to address an issue with the accounting flow for 2-way match POs under the "Accrual on Receipt" model, which is resulting in P&L misstatement. The reason for the issue is that, since the receipting is not required for 2-way match, the auto-accrual entries to hit the P&L are not generated, and the invoice accounting does not debit the P&L but the accrual balance sheet account instead.

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My client uses Accrue on Receipt (AoR) as the auto-accrual solution and while most of the purchases are 3-way match, we do use 2-way match for large volume / small amount items (e.g. stationery).

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