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Purchase Receipt transfers to Projects via Cost Management but not updated with AP Invoice

in Project Management 6 comments

Summary: Purchase Order receipts are transferred into Projects via Cost Management after receipt transaction processed through 1) Transfer Transactions from Receiving to Cost Management, 2) Create Receipt Accounting Distributions and 3) Create Accounting in Final Mode for Receipt Accounting. Import Costs for Cost Management can now be ran and transfers the cost in Projects.

Purchase order defined for 3-way matching due to requirement that invoice must also be received and matched prior to costs being eligible for billing to the customer. After invoice match, invoice is a) Validated and b) Create Accounting in Final Mode for Payables.

Original Purchase Receipt Costs in projects in no way updated to reflect the matching of the AP Invoice in Project Costing.

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