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Setups, roles and process for receipt accounting for expenses purchases

edited Jun 20, 2024 1:00PM in Costing 2 comments

Summary:

We have to implement only expense based purchasing. There are no items created, we just use free text item descriptions on requisitions and provide purchasing categories. The destination type is always Expense and accrual is set to happen at period end instead of at receipt. Some PO lines may need receiving and have 3 way match and some can be without receiving with just 2 way match.

We understand that the period end accrual process will have to be followed where Create Uninvoiced Receipt Accruals process will be used to create the receipt accounting distributions at period end. We have below questions -

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